Christians for Biblical Equality

Analysis

Christians for Biblical Equality is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1989, 37 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 March 2023, Christians for Biblical Equality reported income of $1.2m and spending of $1.4m, spending 116% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $1.1m to $1.2m (+3.8%), an average of +1.3% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christians for Biblical Equality sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Edmund F Boettcher Foundation ($1.2m), Fanny Allen Hospital Hotel Dieu ($1.2m) and Hocking Valley Industries Inc ($1.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 93% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $125k (9.1% of expenses). Other salaries and wages came to $519k. At year end it held assets of $819k against liabilities of $113k, net assets of $706k. It reported 17 employees.