Grace Bible Fellowship of Antioch
Analysis
Grace Bible Fellowship of Antioch is a registered charity in United States, based in Antioch, CA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Grace Bible Fellowship of Antioch reported income of $1.5m and spending of $1.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 19%. 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, Grace Bible Fellowship of Antioch sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Gospel Chariot Missions Inc ($1.5m), United Talmidei Hakvutze Inc ($1.5m) and International Congress of Churches and Ministers ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $78k (6.2% of expenses). Other salaries and wages came to $211k. At year end it held assets of $3.7m against liabilities of $1.9m, net assets of $1.8m. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gospel Chariot Missions Inc | College Sta | $1.5m |
| United Talmidei Hakvutze Inc | Brooklyn | $1.5m |
| International Congress of Churches and Ministers | Franklin | $1.5m |
| Worldlink International Ministries | Valley Forge | $1.5m |