Blessing an Open Bible Church

Analysis

Blessing an Open Bible Church is a registered charity in United States, based in Rosemead, CA. It received its IRS tax-exemption ruling in September 1971, 55 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Blessing an Open Bible Church reported income of $105k and spending of $109k, spending 104% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $302k to $105k (-65%), an average of -41% a year. The sharpest change came in the year to December 2021, when income dropped by 54%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blessing an Open Bible Church sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include PTA Tennessee Congress of Parents & Teachers Inc ($105k), Boy Scouts of America ($105k) and Road Runners Club of America ($105k).

At year end it held assets of $1.5m against liabilities of $13k, net assets of $1.5m. It reported 4 employees.