Winebrenner Theological Seminary
Analysis
Winebrenner Theological Seminary is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in January 1972, 54 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, Winebrenner Theological Seminary reported income of $1.2m and spending of $1.3m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $1.2m (-4.1%), an average of -1.0% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Winebrenner Theological Seminary sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Jim Elliot Christian High School ($1.2m), Spoon River College Foundation ($1.2m) and Con Mi Madre ($1.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $116k (8.9% of expenses). Other salaries and wages came to $591k. At year end it held assets of $3.2m against liabilities of $198k, net assets of $3.0m. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 51%
- Program services 45%
- Other 4.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jim Elliot Christian High School | Lodi | $1.2m |
| Spoon River College Foundation | Canton | $1.2m |
| Con Mi Madre | Austin | $1.2m |
| Lakeside Legacy Foundation | Crystal Lake | $1.2m |