Assemblies of God Theological School of New York

Analysis

Assemblies of God Theological School of New York is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in December 2015, 11 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, Assemblies of God Theological School of New York reported income of $173k and spending of $153k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $173k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 34%. 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, Assemblies of God Theological School of New York sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include National Collegiate Emergency Medical Services Foundation ($173k), Illinois Association of Private Special Education Centers ($173k) and 100 Black Men of Savannah Inc ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $39k (26% of expenses). At year end it held assets of $42k against liabilities of $29k, net assets of $13k.