Apostolic Faith Church Bible College Inc

Analysis

Apostolic Faith Church Bible College Inc is a registered charity in United States, based in Baxter SPGS, KS. It received its IRS tax-exemption ruling in August 1977, 49 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Apostolic Faith Church Bible College Inc reported income of $594k and spending of $562k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $476k to $594k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apostolic Faith Church Bible College Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within KS. Charities of a similar size with the same main cause include Mercy Terrace Apartments ($594k), Marshall Court Housing Development Fund Corporation ($594k) and West Valley Wolves Inc ($594k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $152k (27% of expenses). At year end it held assets of $858k against liabilities of $1,632, net assets of $857k. It reported 23 employees.