Biblica Ministries Foundation

Analysis

Biblica Ministries Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 1994, 32 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 September 2021, Biblica Ministries Foundation reported income of $551k and spending of $161k, leaving 71% of income unspent that year. Across the 3 years on record, from September 2019 to September 2021, income fell from $821k to $551k (-33%), an average of -18% a year. The sharpest change came in the year to September 2021, when income rose by 103%. Over the whole period it spent 119% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Biblica Ministries Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Est Foundation ($551k), Legacy Concepts ($551k) and Camp Mennoscah Association ($551k).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $31k. At year end it held assets of $17.8m against liabilities of $9.6m, net assets of $8.2m.