United Bible Societies Association Inc

Analysis

United Bible Societies Association Inc is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in October 2006, 20 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).

In the financial year ending December 2023, United Bible Societies Association Inc reported income of $50.9m and spending of $49.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $53.7m to $50.9m (-5.3%), an average of -1.4% a year. 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, United Bible Societies Association 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 99th percentile. Charities of a similar size with the same main cause include Bon Secours Mercy Health Foundation ($49.9m), Strategic Resource Group Inc ($52.1m) and Andrew Wommack Ministries Inc ($49.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $245k (0.5% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $113.8m against liabilities of $24.1m, net assets of $89.6m.