Reformed Baptist Seminary

Analysis

Reformed Baptist Seminary is a registered charity in United States, based in Coconut Creek, FL. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 January 2024, Reformed Baptist Seminary reported income of $305k and spending of $284k, spending 93% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $219k to $305k (+39%), an average of +8.6% a year. The sharpest change came in the year to January 2021, when income rose by 21%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reformed Baptist Seminary sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include In Christ Alone El Paso Christian School ($305k), Vida Valiente Foundation ($305k) and Wisconsin State Reading Association Inc ($305k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 24% and program service revenue 75% of the total. Other salaries and wages came to $179k. At year end it held assets of $274k against liabilities of -$1,777, net assets of $276k. It reported 4 employees.