Bible Basics International Inc

Analysis

Bible Basics International Inc is a registered charity in United States, based in Port Richey, FL. It received its IRS tax-exemption ruling in August 1976, 50 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, Bible Basics International Inc reported income of $1.1m and spending of $1.2m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $756k to $1.1m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bible Basics International Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include The Word of Faith Ministries Inc ($1.1m), Go SEND Me Global ($1.1m) and Missionary Air Group Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $47k (3.8% of expenses). Other salaries and wages came to $632k. At year end it held assets of $1.1m against liabilities of $66k, net assets of $1.1m. It reported 15 employees.