Heidelberg Theological Seminary

Analysis

Heidelberg Theological Seminary is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in November 2002, 24 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 December 2023, Heidelberg Theological Seminary reported income of $418k and spending of $492k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $418k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heidelberg Theological Seminary sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within SD. Charities of a similar size with the same main cause include Association of Camp Nursing Inc ($418k), Tennessee Sports Hall of Fame Inc ($418k) and Iccfa Educational Foundation ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $339k (69% of expenses). Other salaries and wages came to $30k. At year end it held assets of $137k against liabilities of $1,169, net assets of $135k. It reported 5 employees.