Evangelical Theological Society

Analysis

Evangelical Theological Society is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in January 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Evangelical Theological Society reported income of $913k and spending of $842k, spending 92% of its income. Across the 6 years on record, from September 2018 to September 2023, income grew from $589k to $913k (+55%), an average of +9.2% a year. The sharpest change came in the year to September 2019, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Evangelical Theological Society sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Quality Industries of the Lake of the Ozarks ($913k), Crosspoint Christian School Association Inc ($913k) and National Ambucs Inc ($913k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $112k (13% of expenses). Other salaries and wages came to $46k. At year end it held assets of $914k against liabilities of $12k, net assets of $903k. It reported 4 employees.