Bible Study Time INC FY2022 filing

Tax-deductible

Spartanburg, SC501(c)(3)EIN 58-1137589Revenue $1.0M in FY2022

On file with the IRSbiblestudytimeinc.orgPo Box 1714, 29304-1714 · Spartanburg, SCTax-exempt since Nov 1972Private non-operating foundation

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The organization's mission is to spread the gospel of jesus christ to the world. Its mission is accompished as a church through regular church worship and prayer services, television and radio programming, including supporting other organizations' television and radio programming, preaching, teaching, counseling, pastoral care, and audio, print, and visual media publication.

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
$885K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $577K a year · 35% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$885K
to officers and key staff · 72% of spending
Concern: pay to officers and key staff is 72% of spending; over 30%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$370
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
-39% vs prior year
Spent
$1.2M
To programs
55%
Net assets
$12.5M
By yearFY2020–FY2025
Revenue
$1.0M
FY2022▼ -39%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.7M
FY2022$1.0M
FY2023$1.2M
FY2024$2.9M
FY2025$1.7M
Expenses
$1.2M
FY2022▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.2M
FY2023$917K
FY2024$898K
FY2025$886K
Net assets
$12.5M
FY2022▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$12.4M
FY2021$12.7M
FY2022$12.5M
FY2023$12.8M
FY2024$15.0M
FY2025$15.9M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $673K Management & general 45% · $561K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $885K paid to officers and key staff.

Part VII, Section A · reportable compensation
$336,856Pt VII · Sec A
$336,856Pt VII · Sec A
$105,595Pt VII · Sec A
$105,595Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2023FY2022FY2021FY2020
Dr Freda Crews——$336,856$353,753$329,461
Mr William Crews JR—$105,107$105,595$106,462$107,610
William Crews JR$104,773————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Spreads the Gospel through worship, media, teaching, and pastoral care.

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Provided by the organization

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4 programs · $1.3M · in their own filed words · FY2022
01

The organization also provides support to other christian organizations with harmonious missions in their christian television and radio programming endeavors. The organization's web site for select religious broadcasting found at SELECTBROADCASTING.ORG facilitates the achievement of this program service.

$434Kprogram expense
02

The organization also provides support to other christian organizations with harmonious missions in their christian television and radio programming endeavors. The organization's web site for select religious broadcasting found at SELECTBROADCASTING.ORG facilitates the achievement of this program service.

$434Kprogram expense
03

The organization's program service is to to conduct weekly, and sometimes daily, christian church worship AND/OR prayer services at its location on ST. John street in spartanburg, south carolina and also to operate as a church through the production and broadcast of christian television and radio programming including preaching and…

$228Kprogram expense
04

The organization's program service is to to conduct weekly, and sometimes daily, christian church worship AND/OR prayer services at its location on ST. John street in spartanburg, south carolina and also to operate as a church through the production and broadcast of christian television and radio programming including preaching and…

$228Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Fees for servicesLn 2g$742K
Investment incomeLn 3$253K
Gifts and grantsLn 1h$10K
Money outPt IX
$1.2M
Ln 25
Programscol B$673K
Managementcol C$561K
Owns and owesPt X
$12.5M
net assets · Ln 32
Cash and savingsLn 1–2$821K
Total assetsLn 16$12.5M
LiabilitiesLn 26$370
PeoplePt VI, VII
12
listed · VII A
PaidVII A4
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10K
Fees for servicesLn 2g$742K
Investment incomeLn 3$253K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$821K
Total assetsLn 16$12.5M
LiabilitiesLn 26$370
Net assetsLn 32$12.5M
OperationsPt I, VI
EmployeesI 58
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$886K$802K$15.9M 990 PDF
FY2024 $2.9M$898K$2.0M$15.0M 990 PDF
FY2023 $1.2M$917K$326K$12.8M 990 PDF
FY2022 Viewing $1.0M$1.2M−$232K$12.5M 990 PDF
FY2021 $1.7M$1.3M$332K$12.7M 990 PDF
FY2020 $1.5M$1.3M$220K$12.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (1 part)
Part VI · Governance 3 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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