Gets Theological Seminary

Analysis

Gets Theological Seminary is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Gets Theological Seminary reported income of $1.3m and spending of $1.6m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+4.7%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gets Theological Seminary sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Urban Ed Academy ($1.3m), Upper Saranac Lake Foundation Inc ($1.3m) and Scy High Tech Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Other salaries and wages came to $897k. At year end it held assets of $3.6m against liabilities of $3,831, net assets of $3.6m. It reported 29 employees.