Brains and Bibles

Analysis

Brains and Bibles is a registered charity in United States, based in Ankeny, IA. It received its IRS tax-exemption ruling in June 2020, 6 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, Brains and Bibles reported income of $52k and spending of $73k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $52k (-12%), an average of -12% a year. 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, Brains and Bibles sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within IA. Charities of a similar size with the same main cause include Seede Inc ($52k), Life Focus Communications NFP ($52k) and Peacemakers International Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. At year end it held assets of $12k against liabilities of $297, net assets of $12k.