Divine Hope Reformed Bible Seminary

Analysis

Divine Hope Reformed Bible Seminary is a registered charity in United States, based in Demotte, IN. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Divine Hope Reformed Bible Seminary reported income of $556k and spending of $511k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $464k to $556k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Divine Hope Reformed Bible Seminary sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Mission Imperative ($556k), Debrequsquamkidistmariam E O TC ($558k) and Hyssong Family Ministries ($556k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $264k. At year end it held assets of $1.2m against liabilities of $3,283, net assets of $1.2m. It reported 3 employees.