First Baptist Church of Universal City of Enduring Love Foundation

Analysis

First Baptist Church of Universal City of Enduring Love Foundation is a registered charity in United States, based in Universal Cty, TX. It received its IRS tax-exemption ruling in October 2002, 24 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 December 2023, First Baptist Church of Universal City of Enduring Love Foundation reported income of $121k and spending of $45k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $123k to $121k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Baptist Church of Universal City of Enduring Love Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Cornerstone Faith Ministries Corporation ($121k), Risk Takers for Christ Inc ($121k) and Pure for God Ministries Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.