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Chronological Bible Teaching Ministries Inc

RegisteredEIN 45-4099681Olive Branch, MSReligion
Income$70k2023-12
Spending$77ksame year
Spent / received87%2-year average
Size in its cause31st pctReligion
Exempt since2012Publicly supported organisat
Employees–latest return

Analysis

Chronological Bible Teaching Ministries Inc is a registered charity in United States, based in Olive Branch, MS. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Chronological Bible Teaching Ministries Inc reported income of $70k and spending of $77k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $70k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chronological Bible Teaching Ministries Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within MS. Charities of a similar size with the same main cause include Equip Disciples ($70k), Ethiopian Saint Mary Orthodox Church ($70k) and Chinmaya Mission San Antonio Cmsa ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 123% of the total. At year end it held assets of $212k against liabilities of $6,962, net assets of $205k.

Income and spending

$0$23k$47k$70k$93k2022 Income: $93,3822022 Spending: $65,31220222023 Income: $69,7082023 Spending: $76,5752023
IncomeSpending

Where the income comes from

  • Contributions & grants 32%
  • Program services 68%

Similar-sized charities, same cause

CharityLocationIncome
Equip DisciplesArlington$70k
Ethiopian Saint Mary Orthodox ChurchCleveland$70k
Chinmaya Mission San Antonio CmsaSan Antonio$70k
Christian Missionary Fellowship International ZTF Ministires IncNorcross$70k