Missio Theological Seminary

Analysis

Missio Theological Seminary is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2023, Missio Theological Seminary reported income of $2.5m and spending of $3.3m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.3m to $2.5m (-41%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missio Theological Seminary sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Global Servants Inc ($2.5m), Bais Havaad Linyonei Mishpat ($2.5m) and Malekulashter M Shujauddin Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $143k (4.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.8m against liabilities of $1.4m, net assets of $4.4m. It reported 83 employees.