Bible Broadcasting Incorporation

Analysis

Bible Broadcasting Incorporation is a registered charity in United States, based in Conneaut, OH. It received its IRS tax-exemption ruling in January 1979, 47 years ago. 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, Bible Broadcasting Incorporation reported income of $106k and spending of $131k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $171k to $106k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 139% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bible Broadcasting Incorporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Arc of Hawaii Project Number 10 Incorporated ($106k), PTA Texas Congress ($106k) and Little League Baseball Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $99k against liabilities of $2,000, net assets of $97k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.