International Association of Baptist Colleges and Universities

Analysis

International Association of Baptist Colleges and Universities is a registered charity in United States, based in Floydada, TX. It received its IRS tax-exemption ruling in November 1997, 29 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 August 2023, International Association of Baptist Colleges and Universities reported income of $231k and spending of $165k, leaving 28% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $211k to $231k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to August 2022, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International Association of Baptist Colleges and Universities sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Sanatana Hindu-Dharma International Vedic Awareness ($231k), Legacy Family Ministries ($231k) and Forever Free Foundation Inc ($231k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.2% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $27k (16% of expenses). At year end it held assets of $618k against liabilities of $2,834, net assets of $616k.