Raccoon River Bible Conference

Analysis

Raccoon River Bible Conference is a registered charity in United States, based in Scranton, IA. It received its IRS tax-exemption ruling in June 1959, 67 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Raccoon River Bible Conference reported income of $333k and spending of $286k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $304k to $333k (+9.3%), an average of +4.5% a year. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Raccoon River Bible Conference sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include Russian Saint Matrona Foundation Corporation ($332k), Blast & Cast Mens Ministries ($333k) and Quad City Hindu Temple ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $53k (19% of expenses). Other salaries and wages came to $27k. At year end it held assets of $558k against liabilities of $3,508, net assets of $555k. It reported 27 employees.