Southern Bible Testimony Inc

Analysis

Southern Bible Testimony Inc is a registered charity in United States, based in Bryson City, NC. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Southern Bible Testimony Inc reported income of $317k and spending of $358k, spending 113% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $380k to $317k (-17%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income rose by 270%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Southern Bible Testimony Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Quick Daf ($317k), Zarin Neville Sarkari Foundation ($317k) and Heritage Ministries Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $137k (38% of expenses). Other salaries and wages came to $16k. At year end it held assets of $1.9m against liabilities of $699, net assets of $1.9m. It reported 26 employees.