Public School Bible Study Committee

Analysis

Public School Bible Study Committee is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in January 1956, 70 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 July 2023, Public School Bible Study Committee reported income of $4.3m and spending of $3.0m, leaving 30% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.0m to $4.3m (+114%), an average of +21% a year. The sharpest change came in the year to July 2022, when income rose by 40%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Public School Bible Study Committee sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Little Buns Inc ($4.3m), New Legacy Charter High School ($4.3m) and Christian Enterprises Inc ($4.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $124k (4.1% of expenses). Other salaries and wages came to $231k. At year end it held assets of $5.5m against liabilities of $48k, net assets of $5.5m. It reported 7 employees.