First Baptist Church Foundation of Huntsville Alabama

Analysis

First Baptist Church Foundation of Huntsville Alabama is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in January 1998, 28 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 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 Church Foundation of Huntsville Alabama reported income of $153k and spending of $31k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $82k to $153k (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 318%. Over the whole period it spent 43% 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 Baptist Church Foundation of Huntsville Alabama sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include Clay County Fair Charitable Trust ($153k), Plainville Community Foundation Inc ($153k) and Geneseo Community Chest ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.