Southern Reformed Theological Seminary Inc

Analysis

Southern Reformed Theological Seminary Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2009, 17 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, Southern Reformed Theological Seminary Inc reported income of $246k and spending of $253k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18k to $246k (+1289%), an average of +93% a year. The sharpest change came in the year to June 2020, when income rose by 716%. Over the whole period it spent 224% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Southern Reformed Theological Seminary Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Amazon Revival on the River Inc ($246k), Reconciliation Ministries ($246k) and I Am Family Ministries ($246k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 11% of the total. Other salaries and wages came to $160k. At year end it held assets of $380k against liabilities of $78k, net assets of $302k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.