First Baptist Church of Palm Coastchristian School Inc

Analysis

First Baptist Church of Palm Coastchristian School Inc is a registered charity in United States, based in Palm Coast, FL. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Baptist Church of Palm Coastchristian School Inc reported income of $3.9m and spending of $3.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.9m (+58%), an average of +12% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First Baptist Church of Palm Coastchristian School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Ceo Forum Inc ($3.9m), Lake Country Academy Inc ($3.9m) and Virginia Western Community College Educational Founation Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $106k (2.9% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.0m against liabilities of $40k, net assets of $1.9m. It reported 100 employees.