First Baptist Church of Phoenix Foundation

Analysis

First Baptist Church of Phoenix Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2024, First Baptist Church of Phoenix Foundation reported income of $171k and spending of $277k, spending 162% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $232k to $171k (-26%), an average of -7.3% a year. The sharpest change came in the year to March 2022, when income rose by 76%. Over the whole period it spent 154% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, First Baptist Church of Phoenix Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within AZ. Charities of a similar size with the same main cause include Cancer Cartel ($171k), Impact 100 Global Advisory Council ($171k) and United Way of Leavenworth County in C ($171k).

At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.