Blue Letter Bible

Analysis

Blue Letter Bible is a registered charity in United States, based in Mission Viejo, CA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. 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, Blue Letter Bible reported income of $4.0m and spending of $3.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $4.0m (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Letter Bible sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Institute on Religion and Public Life ($4.0m), Pediatric Cancer Research Foundation ($4.0m) and National Ataxia Foundation Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $501k (14% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.4m against liabilities of $768k, net assets of $2.7m. It reported 20 employees.