Only the Bible Ministry

Analysis

Only the Bible Ministry is a registered charity in United States, based in San Dimas, CA. It received its IRS tax-exemption ruling in December 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, Only the Bible Ministry reported income of $225k and spending of $121k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $225k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 57% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Only the Bible Ministry sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Hope Local ($225k), Mona a Walker Foundation ($225k) and Ketchum - Sun Valley Volunteer Associates Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.