Public Charity

FIRST BAPTIST CHURCH FOUNDATION

FIRST BAPTIST CHURCH FOUNDATION, of CHARLESTON, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $91K in revenue, $388K in expenses, $5.0M in total assets.

EIN: 264092317 CHARLESTON, SC Single Organization Support NTEE: X11 Latest filing: 2025
Total Revenue$91K
Total Expenses$388K
Total Assets$5.0M
Grant Records0
Filing Years2017–2025

Mission

SEE SCHEDULE O

Where $100 goes at First Baptist Church Foundation

How First Baptist Church Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$93 Programs the work itself
$7 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $93 for programs

$93
Provided support to the programs and operations of first baptist church
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Ed Rodelsperger
SECRETARY Mervyn Gibson
TREASURER Reid Sanders
TRUSTEE Roy Wiley
TRUSTEE Theo Lu
PRESIDENT Tim Cobaugh

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $91K $388K $5.0M
2020 $744K $2.0M $17.8M
2019 $2.5M $2.3M $19.1M
2018 $1.1M $289K $19.2M
2017 $576K $273K $18.0M

Between 2017 and 2025, reported annual revenue declined from $576K to $91K (-84%), with total assets most recently reported at $5.0M.

Interactive year-over-year charts and full filing details available with membership.

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