Greek Center for Biblical Studies

Analysis

Greek Center for Biblical Studies is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Greek Center for Biblical Studies reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.8m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2022, when income rose by 346%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greek Center for Biblical Studies sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Pioneer Montessori School ($1.8m), Communities in Schools of Delaware Inc ($1.8m) and Heritage School of Texas ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $448k (25% of expenses). Other salaries and wages came to $47k. At year end it held assets of $3.5m against liabilities of $1.0m, net assets of $2.5m. It reported 3 employees.