Walk Thru the Bible Ministries

Analysis

Walk Thru the Bible Ministries is a registered charity in United States, based in Peachtree Corners, GA. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Walk Thru the Bible Ministries reported income of $3.8m and spending of $3.7m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.2m to $3.8m (+20%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Walk Thru the Bible Ministries sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Institute for Jewish Spirituality Inc ($3.8m), North Georgia Camp and Retreat Ministries Inc ($3.8m) and Equipping Leaders International Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $327k (8.7% of expenses). Other salaries and wages came to $838k. At year end it held assets of $1.4m against liabilities of $184k, net assets of $1.3m. It reported 20 employees.