Los Angeles Bible Training School

Analysis

Los Angeles Bible Training School is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 1967, 59 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Los Angeles Bible Training School reported income of $395k and spending of $240k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $440k to $395k (-10%), an average of -2.6% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Bible Training School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Caldwell County United Fund ($395k), Tulsa Foundation for Architecture ($395k) and St Cecilia Club Inc ($395k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $26k (11% of expenses). Other salaries and wages came to $89k. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m. It reported 14 employees.