Biblical Institute of Central America
Analysis
Biblical Institute of Central America is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in September 2014, 12 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, Biblical Institute of Central America reported income of $294k and spending of $303k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $332k to $294k (-11%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 88% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Biblical Institute of Central America sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include Awakened Heart Ministries ($294k), Zichron Elimelech and Leah Fund Inc ($294k) and Dancing Daughters Ministry Inc ($294k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $645k against liabilities of $0, net assets of $645k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Awakened Heart Ministries | Troy | $294k |
| Zichron Elimelech and Leah Fund Inc | Lakewood | $294k |
| Dancing Daughters Ministry Inc | King | $294k |
| Fullness of Glory Ministries | Arlington | $295k |