Presbyterian General Assembly Theological Seminary Pgats Inc

Analysis

Presbyterian General Assembly Theological Seminary Pgats Inc is a registered charity in United States, based in Suwanee, GA. It received its IRS tax-exemption ruling in March 2010, 16 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 2022, Presbyterian General Assembly Theological Seminary Pgats Inc reported income of $67k and spending of $138k, spending 206% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $194k to $67k (-66%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Presbyterian General Assembly Theological Seminary Pgats Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include West Ottawa Panther Fund ($67k), American Association of Blacks in Energy ($67k) and Otho Davis Scholarship Foundation Inc ($67k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $75k (54% of expenses). At year end it held assets of $346k against liabilities of $1,526, net assets of $344k. It reported 2 employees.