Explorers Bible Study Association

Analysis

Explorers Bible Study Association is a registered charity in United States, based in Dickson, TN. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Explorers Bible Study Association reported income of $323k and spending of $352k, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $485k to $323k (-33%), an average of -9.7% a year. The sharpest change came in the year to August 2023, when income dropped by 35%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Explorers Bible Study Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Brookhaven Little Theatre ($323k), Clackamas Heritage Partners ($323k) and Kiss Theatre Co ($323k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $62k (18% of expenses). Other salaries and wages came to $137k. At year end it held assets of $870k against liabilities of $15k, net assets of $855k. It reported 5 employees.