Carver Baptist Bible Institute College & Theological Seminary

Analysis

Carver Baptist Bible Institute College & Theological Seminary is a registered charity in United States, based in Raytown, MO. It received its IRS tax-exemption ruling in June 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Carver Baptist Bible Institute College & Theological Seminary reported income of $388k and spending of $341k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $289k to $388k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carver Baptist Bible Institute College & Theological Seminary sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include Capital Lakefair Inc ($388k), Safe Schools South Florida Inc ($388k) and American Friends of Concordia University ($388k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $43k (13% of expenses). Other salaries and wages came to $88k. At year end it held assets of $479k against liabilities of $15k, net assets of $464k. It reported 3 employees.