Instituto Biblico Bautist a Hispano Inc

Analysis

Instituto Biblico Bautist a Hispano Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Instituto Biblico Bautist a Hispano Inc reported income of $58k and spending of $58k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $58k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Instituto Biblico Bautist a Hispano Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within KY. Charities of a similar size with the same main cause include Brahm Bunga Spiritual Fellowship Inc ($58k), Iglesia Cristiana Pentecostes Unidos ($58k) and Besserat Evangelical Society ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $53k against liabilities of $1,170, net assets of $51k.