The Second Baptist School Foundation Inc

Analysis

The Second Baptist School Foundation Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, The Second Baptist School Foundation Inc reported income of $9.7m and spending of $7.0m, leaving 28% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $2.1m to $9.7m (+357%), an average of +46% a year. The sharpest change came in the year to July 2024, when income rose by 88%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Second Baptist School Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Volusia Charter School of Excellence Inc ($9.7m), Parrish Charter Academy Inc ($9.7m) and University of North Carolina School of the Arts Foundation Inc ($9.7m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $33.0m against liabilities of $980k, net assets of $32.1m.