Palm Beach Baptist Theological Seminary Inc

Analysis

Palm Beach Baptist Theological Seminary Inc is a registered charity in United States, based in Royal PLM BCH, FL. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training.

In the financial year ending December 2023, Palm Beach Baptist Theological Seminary Inc reported income of $85k and spending of $87k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $85k (-1.3%), an average of -1.3% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palm Beach Baptist Theological Seminary Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($85k), Elm School PTO ($85k) and Comstock Foundation for History and Culture ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.