Institute for the Public Understanding of the Bible

Analysis

Institute for the Public Understanding of the Bible is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in August 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, Institute for the Public Understanding of the Bible reported income of $90k and spending of $94k, spending 105% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $77k to $90k (+17%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Institute for the Public Understanding of the Bible sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AL. Charities of a similar size with the same main cause include Muslim Coalition of Connecticut ($90k), Catapult Missions ($90k) and Childrens Kingdom Ministries Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (72% of expenses). At year end it held assets of $65k against liabilities of $6,609, net assets of $59k. It reported 1 employees.