American Baptist Theological Seminary

Analysis

American Baptist Theological Seminary is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 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 June 2023, American Baptist Theological Seminary reported income of $6.1m and spending of $6.9m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $6.1m (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Baptist Theological Seminary sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Pinnacle Canyon Academy ($6.1m), Destin High School Inc ($6.1m) and Lsu Real Estate and Facilities Foundation ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $531k (7.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $9.9m against liabilities of $4.1m, net assets of $5.8m. It reported 61 employees.