Friends of Chinese Reformed Theological Seminaries

Analysis

Friends of Chinese Reformed Theological Seminaries is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Chinese Reformed Theological Seminaries reported income of $301k and spending of $274k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $285k to $301k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Chinese Reformed Theological Seminaries sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include R E S P E C T 2 ($301k), Stay Arts ($301k) and Pacific Chamber Orchestra ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.