Central Bible University

Analysis

Central Bible University is a registered charity in United States, based in Moberly, MO. It received its IRS tax-exemption ruling in April 1963, 63 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 2023, Central Bible University reported income of $8.1m and spending of $7.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $8.1m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Bible University sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Craig School ($8.1m), Hadley Institute for the Blind and Visually Impaired ($8.1m) and Golden Valley Charter Schools for Education Renewal ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $227k (3.1% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $14.2m against liabilities of $7.2m, net assets of $7.0m. It reported 199 employees.