Biblical Studies Released Time Inc

Analysis

Biblical Studies Released Time Inc is a registered charity in United States, based in Clover, SC. It received its IRS tax-exemption ruling in March 1999, 27 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 August 2024, Biblical Studies Released Time Inc reported income of $115k and spending of $102k, spending 88% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $120k to $115k (-3.5%), an average of -3.5% a year. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Biblical Studies Released Time Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 46th percentile within SC. Charities of a similar size with the same main cause include Hope for the Hollow ($115k), Great Enlightenment Buddhist Institute Society ($115k) and Commission International Inc ($115k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $187k against liabilities of $119, net assets of $187k.