Global Reformed Seminary Inc

Analysis

Global Reformed Seminary Inc is a registered charity in United States, based in Tucker, GA. It received its IRS tax-exemption ruling in April 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, Global Reformed Seminary Inc reported income of $101k and spending of $90k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $81k to $101k (+25%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Reformed Seminary Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Coyle School Foundation ($101k), Community Karate Foundation Inc ($101k) and Thornebrooke Elementary Parent Teacher Organization Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $36k (40% of expenses). Other salaries and wages came to $12k. At year end it held assets of $38k against liabilities of $0, net assets of $38k. It reported 2 employees.