Theology Matters
Analysis
Theology Matters is a registered charity in United States, based in Due West, SC. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Theology Matters reported income of $318k and spending of $261k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $230k to $318k (+39%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 421%. Over the whole period it spent 35% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Theology Matters sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Northwind Theological Seminary ($318k), Hovsepian Ministries Inc ($318k) and Msaada Architects Inc ($318k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $137k (52% of expenses). At year end it held assets of $1.3m against liabilities of $3,783, net assets of $1.3m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 13%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northwind Theological Seminary | Sarasota | $318k |
| Hovsepian Ministries Inc | Burbank | $318k |
| Msaada Architects Inc | Findlay | $318k |
| Sheryl Brady Ministries Inc | Frisco | $318k |