Bible Mission International

Analysis

Bible Mission International is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bible Mission International reported income of $908k and spending of $1.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $748k to $908k (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bible Mission International sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Emotionally Healthy Spirituality ($908k), Savecom ($908k) and On the Rock Ministries Inc ($907k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $148k (15% of expenses). At year end it held assets of $815k against liabilities of $105k, net assets of $710k.