Free Will Baptist Press Foundation Inc

Analysis

Free Will Baptist Press Foundation Inc is a registered charity in United States, based in Ayden, NC. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Free Will Baptist Press Foundation Inc reported income of $489k and spending of $404k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $520k to $489k (-6.0%), an average of -1.5% a year. The sharpest change came in the year to June 2020, when income dropped by 24%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Free Will Baptist Press Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Pomona International Church ($489k), Electronic Bible Fellowship Inc ($489k) and Atlanta Christian Assembly ($489k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% of the total. Compensation of current officers, directors and key employees was $164k (41% of expenses). Other salaries and wages came to $12k. At year end it held assets of $432k against liabilities of $183k, net assets of $248k. It reported 11 employees.