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Institute of Biblical Leadership

RegisteredEIN 31-1261688Greenville, SCReligion
Income$638k2023-12
Spending$531ksame year
Spent / received71%5-year average
Size in its cause87th pctReligion
Exempt since1990Publicly supported organisat
Employees7latest return

Analysis

Institute of Biblical Leadership is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 1990, 36 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 of Biblical Leadership reported income of $638k and spending of $531k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $429k to $638k (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Institute of Biblical Leadership sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Apostolic Restoration Ministry ($638k), Chabad Student Center at Uofm ($638k) and More International Ministries ($638k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $98k (18% of expenses). Other salaries and wages came to $255k. At year end it held assets of $1.4m against liabilities of $2,902, net assets of $1.4m. It reported 7 employees.

Income and spending

$0$167k$334k$501k$668k2019 Income: $429,4972019 Spending: $308,13620192020 Income: $578,3772020 Spending: $269,66420202021 Income: $667,5072021 Spending: $348,26120212022 Income: $505,1682022 Spending: $542,35120222023 Income: $638,1132023 Spending: $530,5172023
IncomeSpending

Where the income comes from

  • Contributions & grants 71%
  • Program services 7.5%
  • Other 21%

Similar-sized charities, same cause

CharityLocationIncome
Apostolic Restoration MinistryJackson$638k
Chabad Student Center at UofmMinneapolis$638k
More International MinistriesTerryville$638k
American Scientific AffiliationTopsfield$639k