Cooperative Baptist Fellowship Foundation of Florida

Analysis

Cooperative Baptist Fellowship Foundation of Florida is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Cooperative Baptist Fellowship Foundation of Florida reported income of $107k and spending of $85k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $139k to $107k (-23%), an average of -8.3% a year. The sharpest change came in the year to December 2020, when income rose by 276%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cooperative Baptist Fellowship Foundation of Florida sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Thien Vien Tuong Van Inc ($107k), Betel Romanian Pentecostal Church Foundation ($107k) and Unarius Educational Foundation ($107k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.9% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.