First Baptist Day School Inc

Analysis

First Baptist Day School Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in May 2021, 5 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 July 2023, First Baptist Day School Inc reported income of $2.2m and spending of $2.0m, spending 90% of its income. Across the 6 years on record, from July 2018 to July 2023, income grew from $1.4m to $2.2m (+53%), an average of +8.8% a year. The sharpest change came in the year to July 2021, when income rose by 50%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, First Baptist Day School Inc 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 89th percentile within GA. Charities of a similar size with the same main cause include Tkmomentum Inc ($2.2m), Oklahoma Casa Association Inc ($2.2m) and Loaves and Fishes Ministries of Fremont County ($2.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $90k (4.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $751k against liabilities of $70k, net assets of $681k. It reported 104 employees.