Ankerberg Theological Research Institute

Analysis

Ankerberg Theological Research Institute is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in May 1983, 43 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ankerberg Theological Research Institute reported income of $6.8m and spending of $11.3m, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.0m to $6.8m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ankerberg Theological Research Institute sits at the 97th percentile: it is larger than about 97% 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 Louisiana Endowment for the Humanities ($6.8m), Flynn Center for the Performing Arts Ltd ($6.8m) and Round House Theatre Inc ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $297k (2.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.9m against liabilities of $1.6m, net assets of $3.4m. It reported 42 employees.