Jose Wellington Bezerra Da Costa Bible College Corp

Analysis

Jose Wellington Bezerra Da Costa Bible College Corp is a registered charity in United States, based in Lighthouse Pt, FL. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jose Wellington Bezerra Da Costa Bible College Corp reported income of $70k and spending of $55k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income grew from $46k to $70k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jose Wellington Bezerra Da Costa Bible College Corp sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Ace Mentor Program of America Inc ($70k), Air Force Association ($70k) and California Association of Realtors Scholarship Foundation ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $96k against liabilities of $81k, net assets of $15k.