Village Schools of the Bible Inc

Analysis

Village Schools of the Bible Inc is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Village Schools of the Bible Inc reported income of $354k and spending of $354k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $275k to $354k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Village Schools of the Bible Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Waco Isd Education Foundation ($354k), Myrtle Beach High School All Sports Booster Club ($354k) and Middle After School Kare ($354k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $170k. At year end it held assets of $154k against liabilities of $295, net assets of $154k. It reported 4 employees.