United Bible Societies

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/6/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

The United Bible Societies (UBS) is the collective name for our fellowship of 146 individual Bible Societies working in over 200 countries and territories. From wherever and however they operate, Bible Societies all share the mission of placing the Word of God in the hearts and minds of the people they serve.

We're constantly innovating and partnering with like-minded organisations to ensure people around the world are able to access the Bible in a format that is accessible and engaging for them.

Our Digital Bible Library® is one example of this. Through this backend digital curation of thousands of translations, partners like YouVersion are able to make these available to audiences of more than 5.6 billion people around the world.

Our literacy training helps around 100,000 people across the globe every year to learn basic reading and writing skills.


Contact information

Mailing address:
United Bible Societies
Swindon Wiltshire
Sn5 7pj
United Kingdom,

Website: unitedbiblesocieties.org

Phone:

Email: info@biblesocieties.org


Organization details

EIN: 980428633

CEO/President: Rev. Dr. Robert Cunville

Chairman: Elaine Duncan - Global Council Chair

Board size: 0

Founder:

Year founded: 2006

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Purpose

We've translated the entire Bible into the languages of more than half of the world's population. That's around 70 percent of all Bible translations that exist today. Yet there are still so many people waiting for a Bible translation in their own language, including the users of all but one of the roughly 400 sign languages around the world.

Our goal over the next 20 years is, by God's provision, to complete 1200 translation projects, which will provide around 600 million people with access to Scripture.


Mission statement


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Bible Translation Organizations

CategoryRatingOverall rankSector rank
Overall efficiency rating125 of 9411 of 15
Fund acquisition rating67 of 9431 of 15
Resource allocation rating30 of 9431 of 15
Asset utilization rating660 of 9419 of 15

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%0%0%0%0%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%0%0%0%0%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%96%97%96%96%95%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%0%0%0%0%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%4%3%4%4%5%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%95%98%99%98%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%102%89%98%97%100%
Program output ratio Program output ratio =
Program services /
Total revenue
77%97%87%97%96%94%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%-2%11%2%3%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%-1%8%1%2%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%5%2%1%2%6%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.730.560.450.500.510.54
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.441.171.171.231.271.30
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.760.650.530.610.650.70
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.744.334.704.084.875.31
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.230.210.240.210.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.0614.2017.9014.7614.7113.83
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%30%27%30%30%30%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%1%1%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
85%126%163%140%137%129%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$21,494,314$27,749,980$22,829,827$19,108,984$13,415,682
Receivables, inventories, prepaids$30,922,098$25,243,777$25,144,229$24,210,092$26,493,769
Short-term investments$27,411,602$30,911,329$24,640,773$23,729,665$23,898,729
Other current assets$0$0$0$0$0
Total current assets$79,828,014$83,905,086$72,614,829$67,048,741$63,808,180
Long-term investments$3,800,152$5,007,973$6,771,069$7,251,448$7,408,389
Fixed assets$1,708,559$1,881,697$2,152,601$2,337,856$3,053,743
Other long-term assets$7,684,547$7,614,145$7,804,218$8,321,556$8,635,750
Total long-term assets$13,193,258$14,503,815$16,727,888$17,910,860$19,097,882
Total assets$93,021,272$98,408,901$89,342,717$84,959,601$82,906,062
 
Liabilities20182017201620152014
Payables and accrued expenses$15,893,174$15,114,361$15,132,589$13,508,980$10,003,939
Other current liabilities$2,529,678$2,724,017$2,648,827$248,912$2,005,017
Total current liabilities$18,422,852$17,838,378$17,781,416$13,757,892$12,008,956
Debt$298,446$414,250$533,125$888,397$931,462
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$8,924,989$7,917,161$8,608,853$10,585,522$11,786,424
Total long-term liabilities$9,223,435$8,331,411$9,141,978$11,473,919$12,717,886
Total liabilities$27,646,287$26,169,789$26,923,394$25,231,811$24,726,842
 
Net assets20182017201620152014
Without donor restrictions$0$0$0$0$0
With donor restrictions$0$0$0$0$0
Net assets$65,374,985$72,239,112$62,419,323$59,727,790$58,179,220
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$49,106,143$48,410,465$43,781,219$42,985,800$42,969,232
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$1,446,935$372,645$1,147,311$1,425,967$1,805,160
Other revenue$385,842$1,234,856$589,323$268,538$246,826
Total other revenue$1,832,777$1,607,501$1,736,634$1,694,505$2,051,986
Total revenue$50,938,920$50,017,966$45,517,853$44,680,305$45,021,218
 
Expenses20182017201620152014
Program services$49,428,999$43,610,398$43,969,155$42,699,362$42,420,874
Management and general$2,473,519$680,322$625,659$762,416$2,513,648
Fundraising$0$0$0$0$0
Total expenses$51,902,518$44,290,720$44,594,814$43,461,778$44,934,522
 
Change in net assets20182017201620152014
Surplus (deficit)($963,598)$5,727,246$923,039$1,218,527$86,696
Other changes in net assets$0$0$0$0$0
Total change in net assets($963,598)$5,727,246$923,039$1,218,527$86,696

Compensation

Compensation data for this ministry has not been collected.


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/6/2021. To update the information below, please email: info@ministrywatch.com


History

William Wilberforce helped found the first Bible Society while working tirelessly for the abolition of the slave trade and the emancipation of slaves in Britain in 1804.

In 1946, immediately following World War II, a movement that had grown to little more than a dozen Bible Societies came together to found the global fellowship of 'United Bible Societies'.

Today, by God's grace, United Bible Societies (UBS) has grown to become one of the most globally expansive not-for-profits in the world.


Program accomplishments


Needs