Association of Biblical Counselors

Analysis

Association of Biblical Counselors is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Association of Biblical Counselors reported income of $586k and spending of $425k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $700k to $586k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Association of Biblical Counselors sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Jesus on Colfax Ministries ($586k), Ripa Ladrang Foundation ($586k) and Northlake Hope Center ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $80k (19% of expenses). Other salaries and wages came to $157k. At year end it held assets of $348k against liabilities of $12k, net assets of $335k. It reported 11 employees.