Tampa Bay Baptist Foundation Inc

Analysis

Tampa Bay Baptist Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tampa Bay Baptist Foundation Inc reported income of $57k and spending of $166k, spending 290% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $57k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2020, when income rose by 428%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tampa Bay Baptist Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Genevieve U Gilmore Endowment for the Arts Atten Douglas Deleeuw ($57k), American Inns of Court Foundation ($57k) and Christian Teaching & Encouraging Ministry Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.