Bible Optics Inc

Analysis

Bible Optics Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Bible Optics Inc reported income of $171k and spending of $168k, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $123k to $171k (+40%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bible Optics Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Collective Focus Resource Hub Inc ($171k), Aid for Humanity Inc ($171k) and TKJ Charities Inc ($171k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $126k. At year end it held assets of $54k against liabilities of $0, net assets of $54k. It reported 1 employees.