Eden Theological Seminary

Analysis

Eden Theological Seminary is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 1969, 57 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, Eden Theological Seminary reported income of $8.8m and spending of $5.4m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $8.8m (+120%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 97%. 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, Eden Theological Seminary sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Caldwell Academy ($8.8m), Cityschools Collaborative ($8.8m) and Founders Academy of Las Vegas ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $208k (3.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $31.0m against liabilities of $1.1m, net assets of $30.0m. It reported 63 employees.