Worldwide Bible Society

Analysis

Worldwide Bible Society is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in February 2002, 24 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, Worldwide Bible Society reported income of $270k and spending of $254k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $270k (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 103%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Worldwide Bible Society sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Return of the King Fellowship ($270k), Camp Ta-Ku-La ($270k) and Crosslink Memphis Inc ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 27% of the total. Other salaries and wages came to $123k. At year end it held assets of $1.2m against liabilities of $90k, net assets of $1.1m. It reported 3 employees.