Back to the Bible

Analysis

Back to the Bible is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 1943, 83 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Back to the Bible reported income of $4.1m and spending of $4.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.3m to $4.1m (-3.6%), an average of -0.9% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 121% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Back to the Bible sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within NE. Charities of a similar size with the same main cause include Jewish Book Trust Inc ($4.1m), Spirit of Santa Paula ($4.2m) and Barnabas International ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $1.0m (26% of expenses). Other salaries and wages came to $537k. At year end it held assets of $5.8m against liabilities of $3.6m, net assets of $2.2m. It reported 16 employees.