Bible Tells Me So Corporation

Analysis

Bible Tells Me So Corporation is a registered charity in United States, based in Huntsville, TX. It received its IRS tax-exemption ruling in May 2017, 9 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, Bible Tells Me So Corporation reported income of $464k and spending of $376k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $388k to $464k (+19%), an average of +6.1% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bible Tells Me So Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Centrihall Chinese Christian Education Services Inc ($464k), Salt and Light Ministry Foundation ($464k) and St Vitus Endowment Corporation ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $162k (43% of expenses). At year end it held assets of $512k against liabilities of $323k, net assets of $189k.