Family Bible Fellowship and Academy

Analysis

Family Bible Fellowship and Academy is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Family Bible Fellowship and Academy reported income of $138k and spending of $131k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $138k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Family Bible Fellowship and Academy sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 40th percentile within AK. Charities of a similar size with the same main cause include Staples Area Food Shelf Inc ($138k), Breaking Bread Ministries Inc ($138k) and Child Evangelism Fellowship Inc Carbon & Lehigh Counties Epa Chapt ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $361k against liabilities of $0, net assets of $361k.