Bible Study Media Inc

Analysis

Bible Study Media Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bible Study Media Inc reported income of $84k and spending of $108k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $406k to $84k (-79%), an average of -33% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bible Study Media Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Art Is My Weapon ($84k), Faith Moves Mountains Foundation ($84k) and Cleveland Emmaus Community ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 23% of the total. At year end it held assets of $143k against liabilities of $60k, net assets of $82k.