Graham Bible College Inc

Analysis

Graham Bible College Inc is a registered charity in United States, based in Bristol, VA. It received its IRS tax-exemption ruling in September 1981, 45 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 2024, Graham Bible College Inc reported income of $69k and spending of $62k, spending 90% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $245k to $69k (-72%), an average of -34% a year. The sharpest change came in the year to June 2022, when income dropped by 79%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Graham Bible College Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Ocean Bay Elementary School Parent Teacher Organization ($69k), Ovarian Cancer Alliance of San Diego Inc ($69k) and North Tahoe High School Boosters Club Inc ($69k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Other salaries and wages came to $26k. It paid $2,122 in professional fundraising fees. At year end it held assets of $606k against liabilities of $257, net assets of $606k. It reported 5 employees.