Cherry Hill Seminary

Analysis

Cherry Hill Seminary is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cherry Hill Seminary reported income of $100k and spending of $85k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $100k (+112%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cherry Hill Seminary sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 42nd percentile within SC. Charities of a similar size with the same main cause include Kessab Educational Association of Los Angeles ($100k), Southampton Rotary Club Scholarship & Endowment Fund Inc ($100k) and Dynamic Enrichment Network ($100k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $18k (21% of expenses). At year end it held assets of $162k against liabilities of $0, net assets of $162k. It reported 1 employees.