World Bible School Incorporated

Analysis

World Bible School Incorporated is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Bible School Incorporated reported income of $5.5m and spending of $4.8m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $5.5m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Bible School Incorporated sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Oral Roberts Evangelistic Association ($5.5m), Doulos Ministries Inc ($5.6m) and Society for Protestant Reformed Secondary Education ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $483k (10.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $6.9m against liabilities of $22k, net assets of $6.9m. It reported 31 employees.