Boston Theological Institute

Analysis

Boston Theological Institute is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in October 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Boston Theological Institute reported income of $288k and spending of $264k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $344k to $288k (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boston Theological Institute sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Killgoar Education Foundation ($288k), Spirit of 67 Foundation ($288k) and Harvest Preschool and Child Care ($288k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (28% of expenses). Other salaries and wages came to $8,265. At year end it held assets of $245k against liabilities of $27k, net assets of $218k.