Greenville Presbyterian Theological Seminary

Analysis

Greenville Presbyterian Theological Seminary is a registered charity in United States, based in Taylors, SC. It received its IRS tax-exemption ruling in February 1987, 39 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 June 2023, Greenville Presbyterian Theological Seminary reported income of $5.2m and spending of $3.0m, leaving 43% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $5.2m (+184%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 121%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greenville Presbyterian Theological Seminary sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include New England Commission of Higher Education Inc ($5.2m), Montessori in Redlands Inc ($5.2m) and Ilead Online Charter School ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $196k (6.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.1m against liabilities of $41k, net assets of $5.0m. It reported 21 employees.