Rockingham Council of Bible Education Inc

Analysis

Rockingham Council of Bible Education Inc is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Rockingham Council of Bible Education Inc reported income of $420k and spending of $403k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $420k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rockingham Council of Bible Education Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Jabbock Ministries Inc ($420k), Magid Mishna Inc ($421k) and Impact Ministries of Myrtle Beach ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.