Bible Doctrines to Live by Inc

Analysis

Bible Doctrines to Live by Inc is a registered charity in United States, based in Comstock Park, MI. It received its IRS tax-exemption ruling in October 1982, 44 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, Bible Doctrines to Live by Inc reported income of $657k and spending of $361k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $657k (+175%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bible Doctrines to Live by Inc 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 74th percentile within MI. Charities of a similar size with the same main cause include Contact We Care Inc ($657k), Inspiration Time Inc ($658k) and Heritage 21 Foundation ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $142k. At year end it held assets of $914k against liabilities of $26k, net assets of $888k. It reported 7 employees.