Community Bible Study

Analysis

Community Bible Study is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 1978, 48 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Community Bible Study reported income of $13.7m and spending of $14.2m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $13.4m to $13.7m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Community Bible Study sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Reaching Unreached Nations Inc ($13.4m), Melita Christian Fellowship Hospital Aid Plan ($13.8m) and Momentum Unlimited Inc ($13.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $516k (3.6% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $20.5m against liabilities of $2.2m, net assets of $18.3m. It reported 45 employees.