Primitive Baptist Scholarship Foundation Inc

Analysis

Primitive Baptist Scholarship Foundation Inc is a registered charity in United States, based in Statesboro, GA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2021, Primitive Baptist Scholarship Foundation Inc reported income of $114k and spending of $65k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $57k to $114k (+99%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Primitive Baptist Scholarship Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Global Learning Charter Public School Foundation Inc ($114k), Band Boosters Incorporated of Vincennes Indiana ($114k) and Wynford Athletic Boosters Inc ($114k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 35% of the total. At year end it held assets of $803k against liabilities of $0, net assets of $803k.