Cambridge Digital Bible Research
Analysis
Cambridge Digital Bible Research is a registered charity in United States, based in Stowe, VT. It received its IRS tax-exemption ruling in August 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 (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 2023, Cambridge Digital Bible Research reported income of $981k and spending of $1.0m, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $288k to $981k (+241%), an average of +85% a year. The sharpest change came in the year to December 2022, when income rose by 157%. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Cambridge Digital Bible Research sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within VT. Charities of a similar size with the same main cause include Nueva Providencia Ministries Inc ($980k), Thomas Merton Institute for Catholic Life ($981k) and Good Shepherd Mission 1 ($979k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $111k (11% of expenses). Other salaries and wages came to $271k. At year end it held assets of $215k against liabilities of $18k, net assets of $196k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nueva Providencia Ministries Inc | Deland | $980k |
| Thomas Merton Institute for Catholic Life | New York | $981k |
| Good Shepherd Mission 1 | Federal Way | $979k |
| Centro Internacional de Restauracion Y Alabanza Inc | West Palm BCH | $981k |