Sangre de Cristo School for Biblical Studies

Analysis

Sangre de Cristo School for Biblical Studies is a registered charity in United States, based in Westcliffe, CO. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Sangre de Cristo School for Biblical Studies reported income of $304k and spending of $221k, leaving 27% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $211k to $304k (+44%), an average of +9.6% a year. The sharpest change came in the year to August 2021, when income rose by 35%. 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, Sangre de Cristo School for Biblical Studies sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include Healing Door Ministries ($304k), Portland Chevra Kadisha a Maine Nonprofit Corp - T13-B ($304k) and Keren Yad Shmuel Ve Tamar Inc ($304k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. Other salaries and wages came to $116k. At year end it held assets of $732k against liabilities of $538, net assets of $731k. It reported 2 employees.