First Baptist Foundation of

Analysis

First Baptist Foundation of is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in October 1964, 62 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, First Baptist Foundation of reported income of $248k and spending of $1,200, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $248k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2023, when income rose by 1495%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Baptist Foundation of sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AL. Charities of a similar size with the same main cause include Apostolic Fellowship Ministries ($248k), Jesus the Anointed One Church ($248k) and The Kings Men ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.