Thru the Bible Inc

Analysis

Thru the Bible Inc is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in January 1967, 59 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Thru the Bible Inc reported income of $31.7m and spending of $29.4m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.2m to $31.7m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Thru the Bible Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Real Life Ministry ($31.4m), Phoenix Gospel Mission ($31.9m) and Apartment Life Inc ($31.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $585k (2.0% of expenses). Other salaries and wages came to $381k. At year end it held assets of $86.2m against liabilities of $1.8m, net assets of $84.4m. It reported 7 employees.