FAITH BAPTIST BIBLE COLLEGE

ANKENY, IA, 50023-2152 (515) 964-0601 Est. 1921 EIN 47-0394397

B42Z - Education 990 - Public charity return 501(c)(3)

www.faith.edu

Mission

Post secondary and graduate educational institution The mission of Faith Baptist Bible College and Theological Seminary is to equip vocational Christian workers and other servant leaders while inspiring them to take the Word to the world.

Financials

Total Revenue

$11,712,916

Total Expenses

$10,808,603

Net Assets

$18,768,151

416 employees 75 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

20.8 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 15.9%

Expenses ↑ 4.0%

Revenue Sources

Contributions 25.3% Earned revenue 71.9% Investment 2.8%

Expense Breakdown

Program 76.8% Management 21.7% Fundraising 1.5%

Officers & Key Employees (20)

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Grants Received (63)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$11,712,916 ↑	$10,808,603	$18,768,151
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$10,107,714 ↑	$10,397,018	$17,104,908
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$8,596,403 ↓	$9,286,281	$17,394,212
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$9,568,294 ↑	$7,875,565	$20,097,959
2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019	$6,657,401	$7,600,609	$17,334,186