Cedine Bible Mission Inc

Analysis

Cedine Bible Mission Inc is a registered charity in United States, based in Spring City, TN. It received its IRS tax-exemption ruling in February 1959, 67 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Cedine Bible Mission Inc reported income of $1.1m and spending of $877k, spending 80% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $1.1m to $1.1m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to February 2022, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedine Bible Mission Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Village Gospel Mission ($1.1m), Tulsa Boys Home Multiple Purpose Trust ($1.1m) and Delaware Manufacturing Alliance Inc ($1.1m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 53% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $33k (3.8% of expenses). Other salaries and wages came to $303k. At year end it held assets of $2.4m against liabilities of $275k, net assets of $2.1m. It reported 47 employees.