Believers Stewardship Services Inc

DUBUQUE, IA EIN: 31-1782614 Website

The ministry is designed to glorify God in fulfilling biblical stewardship by assisting Christians to accomplish their financial & estate planning goals & by supporting local New Testament churches & associated ministries with financial and governance related matters.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$23.4M

+3.4% YoY

Annual Giving

$3.2M

-8.3% YoY

Grant Count

51

-29.2% YoY

Avg Grant Size

$63K

+29.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$10M$13M20202021202220232024
Metric202420232022
Total Assets$23,409,163$22,648,425$15,426,767
Revenue$4,776,002$11,717,584$5,402,636
Expenses$4,583,491$4,461,332$5,557,491
Qualifying Distributions
Net Investment Income$1,135,990$1,762,149$913,727
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M59 grants202043 grants202179 grants202272 grants202351 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Christian Missions in Ma…$924KEmmaus Bible College$584KVeritas Church of Cedar …$200KChristian Workers Fellow…$181KImmanuel Mission$146KSchool Ministries Inc$134KBelievers Gospel Chapel …$103KArbor Oaks Bible Chapel$56KBelievers' Chapel$54KCrossroads Bible Chapel$50K

Grant Size Distribution

304 grants across all recorded years

250<$50K26$50–100K15$100–250K6$250–500K6$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Believers Stewardship Services Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Robert SullivanPresident & CEO$116K

From 2024 filing

NameTitleHoursCompensation
Mark KellerRisk Officer1
Robert SullivanPresident & CEO40$115,507
Samuel Thorpe JrVice Chairman0.2
Walkter Skip ElliottTreasurer1
William CoyleChairman & Assistant Secretary2
John PeaslandDirector0.5
Paul BonnerDirector0.2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

37states
+29 more states

Cities

Agoura HillsAikenAlbert LeaAledoAllentownAlpharettaAugustaAustonBaltimoreBanner ElkBartlesvilleBeavertonBellmawrBergenfieldBerkeley HeightsBeverlyBig RockBlythewoodBooneBrentwood

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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