Digital Bible Society
Analysis
Digital Bible Society is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in March 2004, 22 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, Digital Bible Society reported income of $2.0m and spending of $903k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $642k to $2.0m (+206%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 299%. Over the whole period it spent 77% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Digital Bible Society sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Onward Campus Ministries ($2.0m), First Amendment Partnership ($2.0m) and Empowering Lives International ($2.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $88k (9.7% of expenses). Other salaries and wages came to $427k. At year end it held assets of $1.6m against liabilities of $159k, net assets of $1.4m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Other 52%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Onward Campus Ministries | Auburn | $2.0m |
| First Amendment Partnership | Washington | $2.0m |
| Empowering Lives International | Upland | $2.0m |
| Saint Vincent de Paul Conference of Our Lady Star of the Sea | Bremerton | $2.0m |