Great Commission Bible Institute Inc

Analysis

Great Commission Bible Institute Inc is a registered charity in United States, based in Lake Placid, FL. It received its IRS tax-exemption ruling in October 2021, 5 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 May 2023, Great Commission Bible Institute Inc reported income of $122k and spending of $142k, spending 116% of what it took in. Across the 3 years on record, from May 2021 to May 2023, income fell from $126k to $122k (-3.7%), an average of -1.9% a year. The sharpest change came in the year to May 2022, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Great Commission Bible Institute Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Ecuadorian Harvest Ministries ($122k), Abide ($122k) and Harvest Home Farm Inc ($122k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $12k against liabilities of $13k, net assets of -$926.