Birmingham Theological Seminary

Analysis

Birmingham Theological Seminary is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in January 1985, 41 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 December 2023, Birmingham Theological Seminary reported income of $830k and spending of $906k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $436k to $830k (+91%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Birmingham Theological Seminary sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within AL. Charities of a similar size with the same main cause include Ma or Yeshiva High School Inc ($830k), Teach Kentucky Inc ($830k) and Little Angels Preschool ($830k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $118k (13% of expenses). Other salaries and wages came to $271k. At year end it held assets of $699k against liabilities of $72k, net assets of $627k. It reported 6 employees.