Biblical Education Center Inc

Analysis

Biblical Education Center Inc is a registered charity in United States, based in Shady Grove, PA. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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, Biblical Education Center Inc reported income of $58k and spending of $94k, spending 161% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $58k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 162% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Biblical Education Center Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include Center for Seeds of Hope ($58k), Morning Star Youth Ranch ($58k) and Empowering Nations Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.