Love of Christ Bible College

Analysis

Love of Christ Bible College is a registered charity in United States, based in Chino Valley, AZ. It received its IRS tax-exemption ruling in January 2015, 11 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, Love of Christ Bible College reported income of $289k and spending of $255k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $248k to $289k (+17%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 21%. 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, Love of Christ Bible College 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 59th percentile within AZ. Charities of a similar size with the same main cause include Tag Kids Club ($289k), Know Thyself As Soul Foundation International ($289k) and Believers Voice Network ($289k).

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 $10k (3.9% of expenses). At year end it held assets of $97k against liabilities of $0, net assets of $97k.