Methodist Theological School in Ohio

Analysis

Methodist Theological School in Ohio is a registered charity in United States, based in Delaware, OH. It received its IRS tax-exemption ruling in January 1958, 68 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 June 2023, Methodist Theological School in Ohio reported income of $6.6m and spending of $8.8m, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.8m to $6.6m (-61%), an average of -21% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Methodist Theological School in Ohio sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Desert Sands United School District School Building Corporation ($6.6m), Sojourner Truth Academy ($6.6m) and Emerald Charter Schools ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 39% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $69.5m against liabilities of $3.5m, net assets of $66.0m. It reported 130 employees.