New Orleans Baptist Seminary Foundation

Analysis

New Orleans Baptist Seminary Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, New Orleans Baptist Seminary Foundation reported income of $2.4m and spending of $1.8m, leaving 28% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.9m to $2.4m (+28%), an average of +6.3% a year. The sharpest change came in the year to July 2022, when income rose by 388%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Orleans Baptist Seminary Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include Blandford Nature Center ($2.4m), Southern California Blues Soccer Club Inc ($2.4m) and Bristol Community College Foundati on Inc ($2.4m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 18% of the total. At year end it held assets of $28.9m against liabilities of $7,125, net assets of $28.9m.