Yellowstone Theological Institute
Analysis
Yellowstone Theological Institute is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2024, Yellowstone Theological Institute reported income of $304k and spending of $1.7m, spending 562% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $1.1m to $304k (-73%), an average of -23% a year. The sharpest change came in the year to July 2022, when income rose by 717%. Over the whole period it spent 52% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Yellowstone Theological Institute sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MT. Charities of a similar size with the same main cause include Bob Russell Ministries Inc ($304k), Emmanuel University ($304k) and Be Merciful ($304k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 42% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $77k (4.5% of expenses). Other salaries and wages came to $537k. At year end it held assets of $15.0m against liabilities of $6.8m, net assets of $8.2m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 17%
- Other 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bob Russell Ministries Inc | Louisville | $304k |
| Emmanuel University | Los Angeles | $304k |
| Be Merciful | Fenton | $304k |
| Full Counsel Ministerial and Missionary Association | N Little Rock | $304k |