Ecumenical Theological Seminary

Analysis

Ecumenical Theological Seminary is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 1986, 40 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 July 2023, Ecumenical Theological Seminary reported income of $1.1m and spending of $1.2m, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.1m to $1.1m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to July 2023, when income rose by 237%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ecumenical 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 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Marnitas Table Inc ($1.1m), Tus Inc ($1.1m) and Institute of Quantitative Systems Pharmacology Iqsp ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 15% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $113k (9.6% of expenses). Other salaries and wages came to $457k. At year end it held assets of $5.1m against liabilities of $81k, net assets of $5.0m. It reported 29 employees.