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Short Term Bible Schools

RegisteredEIN 93-0619095Cannon Beach, ORReligion
Income$1.5m2024-05
Spending$2.0msame year
Spent / received97%6-year average
Size in its cause94th pctReligion
Exempt since1977Publicly supported organisat
Employees15latest return

Analysis

Short Term Bible Schools is a registered charity in United States, based in Cannon Beach, OR. It received its IRS tax-exemption ruling in July 1977, 49 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Short Term Bible Schools reported income of $1.5m and spending of $2.0m, spending 132% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $826k to $1.5m (+87%), an average of +13% a year. The sharpest change came in the year to May 2024, 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, Short Term Bible Schools sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Patternsofevidencefoundation ($1.5m), Torah Live Incorporated ($1.5m) and Hillside Islamic Center ($1.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 40% and program service revenue 59% of the total. Other salaries and wages came to $232k. At year end it held assets of $1.0m against liabilities of $411k, net assets of $590k. It reported 15 employees.

Income and spending

$0$509k$1.0m$1.5m$2.0m2019 Income: $825,8502019 Spending: $818,20520192020 Income: $783,4522020 Spending: $677,20620202021 Income: $834,1152021 Spending: $759,06320212022 Income: $1,248,4542022 Spending: $833,58020222023 Income: $1,009,5582023 Spending: $940,71920232024 Income: $1,541,7452024 Spending: $2,036,6712024
IncomeSpending

Where the income comes from

  • Contributions & grants 40%
  • Program services 59%
  • Other 1.6%

Similar-sized charities, same cause

CharityLocationIncome
PatternsofevidencefoundationEdina$1.5m
Torah Live IncorporatedJackson$1.5m
Hillside Islamic CenterNew Hyde Park$1.5m
Catholic Schools CollaborativeLos Angeles$1.5m