Association for the Teaching of Bible in Kannapolis Public Schools

Analysis

Association for the Teaching of Bible in Kannapolis Public Schools is a registered charity in United States, based in Kannapolis, NC. It received its IRS tax-exemption ruling in January 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Association for the Teaching of Bible in Kannapolis Public Schools reported income of $186k and spending of $90k, leaving 51% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $142k to $186k (+31%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association for the Teaching of Bible in Kannapolis Public Schools sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Chesapeake Natives Inc ($186k), Cornerstone Achievement Center ($186k) and W20 Foundation ($186k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.