T S McPheeters Trust Fbo Westminster Theological Seminary

Analysis

T S McPheeters Trust Fbo Westminster Theological Seminary is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in April 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, T S McPheeters Trust Fbo Westminster Theological Seminary reported income of $74k and spending of $423k, spending 569% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $19k to $74k (+282%), an average of +40% a year. The sharpest change came in the year to May 2021, when income rose by 3835%. Over the whole period it spent 137% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, T S McPheeters Trust Fbo Westminster Theological Seminary sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Lutheran Braille Evangelism Association ($74k), Maury United Ministries ($74k) and Northwest Scientific Association ($74k).

Compensation of current officers, directors and key employees was $45k (11% of expenses). At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.