Bible Passages

Analysis

Bible Passages is a registered charity in United States, based in Dripping Springs, TX. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bible Passages reported income of $377k and spending of $308k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $469k to $377k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2022, when income rose by 243%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bible Passages sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Chugh Foundation ($377k), Icon Ministries Inc ($377k) and Evansville Student Christian ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $50k (16% of expenses). At year end it held assets of $134k against liabilities of $11k, net assets of $123k.