Bible & Common Prayer Book Society of the Episcopal Church

Analysis

Bible & Common Prayer Book Society of the Episcopal Church is a registered charity in United States, based in Red Bank, NJ. It received its IRS tax-exemption ruling in July 1950, 76 years ago. 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 September 2022, Bible & Common Prayer Book Society of the Episcopal Church reported income of $268k and spending of $125k, leaving 53% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $185k to $268k (+45%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 64%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bible & Common Prayer Book Society of the Episcopal Church sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include The Arts Council of Placer County ($268k), Dow City Arion Community Fire Department Inc ($268k) and East Hanover Volunteer Rescue Squad Inc ($268k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 0.4% of the total. Compensation of current officers, directors and key employees was $23k (19% of expenses). At year end it held assets of $3.3m against liabilities of $2,000, net assets of $3.3m.