Childrens Bible Ministries Inc

Analysis

Childrens Bible Ministries Inc is a registered charity in United States, based in Townsend, TN. It received its IRS tax-exemption ruling in May 1982, 44 years ago. 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, Childrens Bible Ministries Inc reported income of $832k and spending of $792k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $659k to $832k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Bible Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Big Brothers & Big Sisters Services Inc ($832k), The Peoples Lobby Education Institute ($832k) and Coalition for Radical Life Extension ($832k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $11k. At year end it held assets of $2.0m against liabilities of $734k, net assets of $1.3m. It reported 32 employees.