First Baptist Church of El Paso Foundation

Analysis

First Baptist Church of El Paso Foundation is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, First Baptist Church of El Paso Foundation reported income of $499k and spending of $141k, leaving 72% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $340k to $499k (+47%), an average of +10% a year. The sharpest change came in the year to August 2023, when income rose by 232%. Over the whole period it spent 35% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Baptist Church of El Paso Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Christ Temple Apostolic Church ($499k), Congregation of the Mighty Ecclesial Embassy Inc ($499k) and Northwestern Pennsylvania Baptist Assembly ($499k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.