Bibles for America Incorporated

Analysis

Bibles for America Incorporated is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in March 2001, 25 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, Bibles for America Incorporated reported income of $2.9m and spending of $3.7m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.9m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bibles for America Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include The Grace Message ($2.9m), Bridge Ministries ($2.9m) and Interfaith Alliance Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $90k (2.4% of expenses). Other salaries and wages came to $709k. At year end it held assets of $2.7m against liabilities of $424k, net assets of $2.3m. It reported 23 employees.