First Presbyterian Church of Bay City Foundation

Analysis

First Presbyterian Church of Bay City Foundation is a registered charity in United States, based in Bay City, TX. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Presbyterian Church of Bay City Foundation reported income of $100k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $100k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, First Presbyterian Church of Bay City Foundation 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 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include South Dakota Law Enforcement Charities ($100k), St Bernard Parish Juvenile Drug Court Inc ($100k) and Buckeye Career Center Foundation Inc ($100k).

At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.