College Theology Society

Analysis

College Theology Society is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, College Theology Society reported income of $51k and spending of $44k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $51k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, College Theology Society sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within NE. Charities of a similar size with the same main cause include Alta Social Settlement ($51k), Afcea Educational Foundation ($51k) and California Federation of Womens Clubs ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 27% of the total. At year end it held assets of $473k against liabilities of $0, net assets of $473k.