First Baptist Mission Action Inc

Analysis

First Baptist Mission Action Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in June 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Baptist Mission Action Inc reported income of $1.8m and spending of $2.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.8m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Baptist Mission Action Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Springfield Community Gardens ($1.8m), Tricounty Agency for Intellectual Disabilities Inc ($1.8m) and Rosalynn Carter Institute for Caregivers Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $925k. At year end it held assets of $168k against liabilities of $123k, net assets of $46k. It reported 71 employees.