Florida State Missionary Baptist Foundation Inc

Analysis

Florida State Missionary Baptist Foundation Inc is a registered charity in United States, based in Groveland, FL. It received its IRS tax-exemption ruling in February 1977, 49 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Florida State Missionary Baptist Foundation Inc reported income of $320k and spending of $286k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $198k to $320k (+62%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Florida State Missionary Baptist Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Theravada Buddhist Society of America ($320k), STG Foundation Inc ($320k) and Historytellers Productions Inc ($320k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $793k against liabilities of $4,268, net assets of $789k. It reported 7 employees.