Hispanic Bible Institute Inc

Analysis

Hispanic Bible Institute Inc is a registered charity in United States, based in Helotes, TX. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Hispanic Bible Institute Inc reported income of $127k and spending of $106k, spending 84% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $185k to $127k (-31%), an average of -31% a year. The sharpest change came in the year to September 2023, when income dropped by 31%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Bible Institute Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include PTO of Hall-Kent Elementary ($127k), Siu Dental Associates ($127k) and American Society of Heating Refrigerating & A-C Engineers ($127k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $258k against liabilities of $0, net assets of $258k.