Bible Students Retirement Centers
Analysis
Bible Students Retirement Centers is a registered charity in United States, based in Fairview, OR. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 April 2024, Bible Students Retirement Centers reported income of $483k and spending of $395k, spending 82% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $481k to $483k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to April 2022, when income dropped by 45%. Over the whole period it spent 80% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bible Students Retirement Centers sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OR. Charities of a similar size with the same main cause include First Evangelist Housing and Community Development Corporation ($483k), Carty Heights ($483k) and Sun Beam Community Development Corp ($483k).
On its Form 990 for the period ending April 2024, revenue came from contributions and grants 33% and program service revenue 58% of the total. Other salaries and wages came to $109k. At year end it held assets of $1.8m against liabilities of $130k, net assets of $1.6m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 58%
- Other 8.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| First Evangelist Housing and Community Development Corporation | New Orleans | $483k |
| Carty Heights | Saint Paul | $483k |
| Sun Beam Community Development Corp | Miami | $483k |
| Rome Rescue Mission | Rome | $483k |