World Video Bible School

Analysis

World Video Bible School is a registered charity in United States, based in Maxwell, TX. It received its IRS tax-exemption ruling in June 1987, 39 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 Video Bible School reported income of $1.5m and spending of $1.2m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.5m (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Video Bible School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Jannah Institute ($1.5m), Immanuel Agape Ministries ($1.5m) and Vladimir Savchuk Ministries ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $221k (18% of expenses). Other salaries and wages came to $614k. At year end it held assets of $3.2m against liabilities of $337k, net assets of $2.9m. It reported 21 employees.