Biblical Perspectives Inc

Analysis

Biblical Perspectives Inc is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in February 1982, 44 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2021, Biblical Perspectives Inc reported income of $1.7m and spending of $41k, leaving 98% of income unspent that year. Across the 2 years on record, from July 2020 to July 2021, income grew from $1.0m to $1.7m (+75%), an average of +75% a year. The sharpest change came in the year to July 2021, when income rose by 75%. Over the whole period it spent 3.1% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Biblical Perspectives Inc sits at the 84th percentile: it is larger than about 84% 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 The Childs Primary School ($1.7m), Arkansas Montessori Society Inc ($1.7m) and Stars and Stripes Honor Flight Inc ($1.7m).

On its Form 990 for the period ending July 2021, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.