Wabanna Bible Conference Assoc Inc

Analysis

Wabanna Bible Conference Assoc Inc is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in March 1962, 64 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Wabanna Bible Conference Assoc Inc reported income of $1.7m and spending of $1.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+21%), an average of +4.9% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wabanna Bible Conference Assoc Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include The First Tee of Greater Washington ($1.7m), Los Angeles Parks Foundation ($1.7m) and F C Frederick Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $101k (6.1% of expenses). Other salaries and wages came to $472k. At year end it held assets of $4.3m against liabilities of $534k, net assets of $3.8m. It reported 89 employees.