Digital Bibles for the World

Analysis

Digital Bibles for the World is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in April 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, Digital Bibles for the World reported income of $232k and spending of $278k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $248k to $232k (-6.3%), an average of -6.3% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Digital Bibles for the World sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Ridgecrest Islamic Center ($232k), Cee of Los Angeles Inc ($232k) and Mustard Seed Counseling Service Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $105k (38% of expenses). Other salaries and wages came to $13k. At year end it held assets of $91k against liabilities of $4,128, net assets of $87k. It reported 3 employees.