Kentucky Mountain Bible College Incorporated

Analysis

Kentucky Mountain Bible College Incorporated is a registered charity in United States, based in Jackson, KY. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kentucky Mountain Bible College Incorporated reported income of $2.5m and spending of $2.4m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.5m (+49%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 123%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kentucky Mountain Bible College Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Mt Scott Park Center for Learning Inc ($2.5m), Rowan College Student Government ($2.5m) and Somerset Academy Arizona Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $29k (1.2% of expenses). Other salaries and wages came to $696k. At year end it held assets of $9.7m against liabilities of $393k, net assets of $9.3m. It reported 131 employees.