Ontario Bible Conference Assoc Inc

Analysis

Ontario Bible Conference Assoc Inc is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in August 1926, 100 years ago. 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 December 2023, Ontario Bible Conference Assoc Inc reported income of $75k and spending of $113k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $103k to $75k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ontario Bible Conference Assoc Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Wisconsin Juvenile Court Intake Association Inc ($75k), Catholic Institute of the Food Industry Inc ($75k) and Society for the Furtherance & Study of Fantasy & Science Fiction ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 34% of the total. At year end it held assets of $710k against liabilities of $0, net assets of $710k.