Iredell-Statesville Schools Bible Assoc

Analysis

Iredell-Statesville Schools Bible Assoc is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Iredell-Statesville Schools Bible Assoc reported income of $118k and spending of $95k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $118k (+7.9%), an average of +7.9% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iredell-Statesville Schools Bible Assoc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Marsh Sanctuary Inc ($118k), Kirkland Parents Cooperative Preschool Group Inc ($118k) and Teachers on Fire ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.