Community Bible School

Analysis

Community Bible School is a registered charity in United States, based in Snohomish, WA. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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, Community Bible School reported income of $159k and spending of $173k, spending 109% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $228k to $159k (-30%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Bible School sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include Public Archaeology Survey Team Inc ($159k), Elkhorn Valley Historical Society of Norfolk ($159k) and Sonoma Valley High Boosters Club ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $370k against liabilities of $4,400, net assets of $366k.