Bible Missions Inc

Analysis

Bible Missions Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Bible Missions Inc reported income of $103k and spending of $105k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $103k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bible Missions Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Tennessee Association for Behavior Analysis ($103k), Ligonier Valley School District Foundation Inc ($103k) and Kalamazoo Civic Theatre Foundation ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $211k against liabilities of $0, net assets of $211k.