Womens Bible Society Of New York
- Assets
- $4.2m
- Revenue
- $388.0k
- Investments
- $3.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1946
- Data as of
- 12/2021
- EIN
- 13-1624136
Organization Overview
Womens Bible Society Of New York is located in New York, NY. The organization was established in 1946. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Bible Society Of New York is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Womens Bible Society Of New York generated $388.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $530.8k during the year ending 12/2021. While expenses have increased by 9.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Womens Bible Society Of New York has awarded 77 individual grants totaling $2,185,323. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SPREAD GOD'S ETERNAL WORD TO THE PEOPLE OF NEW YORK CITY THROUGH PUBLIC PROCLAMATION, TEACHING, AND DISTRIBUTION OF THE BIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINISTRY GRANTS:THE WOMEN'S BIBLE SOCIETY OF NEW YORK CONTINUES ITS MINISTRY OF PROCLAIMING AND PROVIDING GOD'S TIMELESS WORD. IT DOES THIS PRIMARILY THROUGH THE FUNDING OF MINISTRY GRANTS AND CAMP SCHOLARSHIPS. IN 2019, WE AWARDED 10 ORGANIZATIONS GRANTS IN THE AMOUNT OF $379,456. OUR GRANTS COMMITTEE WORKED DILIGENTLY TO CONSIDER EACH REQUEST AND ITS ADHERENCE TO OUR MISSION AND GRANT GUIDELINES.
CAMP SCHOLARSHIPS:ONE OF THE ANNUAL MINISTRIES OF THE SOCIETY IS THE FUNDING OF CAMP SCHOLARSHIPS EACH SUMMER. THROUGH A CAMPSHIP MAILING, THE SOCIETY COLLECTS FUNDS FROM ITS DONORS, AND IN TURN, PROVIDES CAMPSHIP FUNDING TO SEVERAL OF ITS MINISTRY PARTNERS. THESE FUNDS ALLOW THOSE IN NEED TO ATTEND CHRISTIAN SUMMER CAMPS. DURING 2019, WE CONTINUED OUR SUPPORT OF CAMP SCHOLARSHIPS. WE GAVE $21,000 IN CAMP SCHOLARSHIPS, ALLOTTING $7,000 TO THE FOLLOWING THREE ORGANIZATIONS: FOCUS CAMPS, BOWERY MISSION (KIDS WITH A PROMISE), AND CAMPUS CRUSADE FOR CHRIST (CRU).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Nelson President | 3 | $0 | |
Marion Melton Vice President | 3 | $0 | |
Patty Kwan Treasurer | 2 | $0 | |
Susan Carpenter Board Member | 2 | $0 | |
Deborah Christensen Board Member | 2 | $0 | |
Nancy Hanna Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $2 |
| Dividends & Interest | $56,945 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $328,576 |
| Capital Gain Net Income | $328,576 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $388,023 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,942 |
| Depreciation | $0 |
| Occupancy | $4,092 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,257 |
| Total operating and administrative expenses | $78,838 |
| Contributions, gifts, grants paid | $451,980 |
| Total expenses and disbursements | $530,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,731 |
| Savings and temporary cash investments | $206,420 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,165,741 |
| Accounts payable and accrued expenses | $23,350 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,350 |
Grants Awarded
Over the last fiscal year, Womens Bible Society Of New York has awarded $451,980 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CITY SEMINARY OF NEW YORK PURPOSE: GRANT TO SUPPORT SPIRITUAL FORMATION PROGRAM IN NYC | $50,000 |
Bronx, NY PURPOSE: GRANT TO SUPPORT EXPANSION OF EARLY EDUCATION PROGRAM | $50,000 |
Long Island City, NY PURPOSE: GRANT TO SUPPORT ALPHA AND DISCIPLESHIP COURSE EXPANSIONS | $50,000 |
YOUNG LIFE NYC PURPOSE: GRANT TO SUPPORT EXPANSION OF LYFEPACT MINISTRY | $50,000 |
Staten Island, NY PURPOSE: GRANT TO SUPPORT YOUTH MENTORING PROGRAM IN STATEN ISLAND | $50,000 |
MOCKINGBIRD MINISTRIES INC (STORYMAKERS NYC) PURPOSE: GRANT TO SUPPORT NEW PROJECTS AND EXPANSION OF ZINES | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Word Of Life Fellowship Inc Schroon Lake, NY | $120,358,230 | $77,023,933 |
Vision Benefits Of America Inc Suite 400 Carnegie, PA | $64,908,622 | $38,442,292 |
Diakon Child Family & Community Ministries Topton, PA | $23,881,449 | $28,006,448 |
Mercy Life Inc West Springfield, MA | $6,533,362 | $24,380,335 |
Chayim Vchesed Inc Brooklyn, NY | $4,624,709 | $20,578,750 |
Church Of God Home Inc Carlisle, PA | $19,131,303 | $10,297,438 |
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |