Clear Creek Baptist Bible College

Analysis

Clear Creek Baptist Bible College is a registered charity in United States, based in Pineville, KY. It received its IRS tax-exemption ruling in September 1987, 39 years ago. 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 2024, Clear Creek Baptist Bible College reported income of $5.1m and spending of $4.6m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.4m to $5.1m (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 130%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clear Creek Baptist Bible College sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Milestones Programs for Children Inc ($5.1m), Forest Springs Camp and Conference Center Inc ($5.1m) and American Indian Health Service of Chicago Inc ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $776k (17% of expenses). Other salaries and wages came to $727k. At year end it held assets of $30.3m against liabilities of $121k, net assets of $30.1m. It reported 107 employees.