Indigenous Bible College Annual Report 2024 - 2025 Financial Highlights
IBC is unique in its commitment to seeing students graduate debt free. This is especially important for the many students who continue on in Native ministry since their ministry opportunities often fail to pay a minimum living wage. IBC functions as a faith mission, with most faculty and staff raising missionary support, and primary funding for the general operation of the school coming from donations and grants. This keeps tuition costs low, which is vital for prospective students, many of whom come from a financially disadvantaged background.
During the 2024-2025 academic year, 22 full-time-on-campus students were served (this includes seniors whose less-than-full-time course loads are offset by increased ministry, leadership and discipleship responsibilities), along with 20 part-time students, most of whom participated in Tuesday night courses which are open to the community.
2024-2025 Revenue Sources
Financials
Indigenous Bible College just finished its fourteenth year in a row “in the black”! We are incredibly grateful for the provision of God through the generosity of His people and the faithful stewardship of the IBC staff.
IBC is all about changed lives, not just filled heads, and the means to achieving this is found in the valiant efforts of the staff and faculty who serve by teaching, discipling, and fulfilling other supporting roles necessary to keep the school operating. The value of this “people power” is reflected in the financials– most of the school’s expenses are personnel related, and in order to keep tuition costs low enough for students to graduate debt free, these expenses are underwritten by the missionary support raised by most of the school’s paid staff. Cash donations to staff missionary support accounts provide nearly half of IBC’s total contribution revenue.
Volunteers
Over the years, volunteers have helped shape everything from our campus to our curriculum and have been an integral part of graduating all of our students debt-free.
Throughout the 2024-2025 school year, maintenance volunteers helped with a variety of facilities upkeep and maintenance projects. 99 volunteers donated over 1,700 hours of service in this area—a value of almost $60,000! Volunteers in IBC's lunch program provided meals for students and staff on Tuesdays and Thursdays after chapel. 18 different teams ranging from 1-10 people prepared and shared meals with the IBC campus community during the school year. Student discipleship volunteers include Life Coaches, adjunct instructors, and chapel speakers. Life Coaches donated over 100 hours to come alongside freshman students in weekly coaching sessions this year and more than $105,000 was gifted to the school in the form of donated classroom instruction provided by pastors (some retired, some not), teachers, and others with a plethora of professional experience, background and wisdom that they invested into IBC students.
Learn more at indianbible.org/volunteer.
Celebrating IBC's New Fitness Center!
In April 2018, IBC’s campus expanded with the purchase of a neighboring building, which now serves as our student center and library. The property came with a detached side building, which IBC staff and volunteers have worked diligently to convert into a fitness center over the past four years.
The process was delayed numerous times by permitting issues and building plan delays but the work proceeded gradually, aided by an abundance of help from the Lord’s people. Over the past four years, over 50 maintenance volunteers generously provided over 700 hours in donated labor to replace the building’s roof, install insulation, drywall and electricity, reconstruct the floor and ceiling, and paint the building’s interior. With their help, we were able to dedicate and open the completed fitness center to the IBC community on September 9th.
The new facility offers 11 pieces of gym equipment, medicine balls, free weights, exercise bands, and a traverse wall (completed in 2023). It is designed to be enjoyed by people of all fitness and experience levels and to remove cost- and distance-related barriers for students as they steward their health and wellbeing. We are deeply grateful to the many generous individuals, churches, and foundations who contributed to the creation of this space. It was received with so much excitement by the students and is being used on daily basis! What a gift!
