Piatt Lake Bible Conference Association

Analysis

Piatt Lake Bible Conference Association is a registered charity in United States, based in Eckerman, MI. It received its IRS tax-exemption ruling in January 1947, 79 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Piatt Lake Bible Conference Association reported income of $231k and spending of $378k, spending 163% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $126k to $231k (+84%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 270%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Piatt Lake Bible Conference Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Manchester Housing for the Elderly ($231k), Whatcom Literacy Council ($231k) and Glen Haven Area Volunteer Fire Department ($231k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $48k. At year end it held assets of $3.8m against liabilities of $698k, net assets of $3.1m. It reported 1 employees.