Liberty Bible Academy Association Inc

Analysis

Liberty Bible Academy Association Inc is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in May 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Liberty Bible Academy Association Inc reported income of $2.4m and spending of $2.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.4m (+8.5%), an average of +2.1% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty Bible Academy Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Shepherd Valley School & Garden Inc ($2.4m), Woodward Leadership Academy ($2.4m) and United Methodist Higher Education Foundation ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $146k (7.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.3m against liabilities of $1.5m, net assets of $1.8m. It reported 63 employees.