Institute for Biblical Community Development
Analysis
Institute for Biblical Community Development is a registered charity in United States, based in Siloam SPGS, AR. It received its IRS tax-exemption ruling in January 2010, 16 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, Institute for Biblical Community Development reported income of $380k and spending of $381k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $380k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Institute for Biblical Community Development sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within AR. Charities of a similar size with the same main cause include Unitarian Universalist Massachusetts Action Network Inc ($380k), Yad Mishkan Inc ($380k) and Institute for Urban Initiatives ($380k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 69% of the total. Other salaries and wages came to $45k. At year end it held assets of $748k against liabilities of $150k, net assets of $598k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 69%
- Other 7.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Unitarian Universalist Massachusetts Action Network Inc | Boston | $380k |
| Yad Mishkan Inc | Brooklyn | $380k |
| Institute for Urban Initiatives | Pasadena | $380k |
| Emerging Grace Ministries | Cleveland | $380k |