Bible Believers Tabernacle Inc

Analysis

Bible Believers Tabernacle Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bible Believers Tabernacle Inc reported income of $384k and spending of $354k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $381k to $384k (+0.8%), an average of +0.4% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bible Believers Tabernacle Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Ministry House of Restoration San Antonio Church ($384k), His Vessel Ministries ($384k) and 10000 Fathers Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $24k (6.9% of expenses). At year end it held assets of $1.2m against liabilities of $589k, net assets of $568k.