Montrose Bible Conference Association

Analysis

Montrose Bible Conference Association is a registered charity in United States, based in Montrose, PA. It received its IRS tax-exemption ruling in December 1970, 56 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, Montrose Bible Conference Association reported income of $1.4m and spending of $757k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $673k to $1.4m (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Montrose Bible Conference Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Coolanu Inc ($1.4m), Singing Hills Christian Fellowship Inc ($1.4m) and Youth with a Mission-Madison Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $71k (9.3% of expenses). Other salaries and wages came to $162k. At year end it held assets of $2.6m against liabilities of $44k, net assets of $2.6m. It reported 14 employees.