Tyndale Theological Seminary Inc Fka Tyndale International Mission

Analysis

Tyndale Theological Seminary Inc Fka Tyndale International Mission is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in January 1991, 35 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, Tyndale Theological Seminary Inc Fka Tyndale International Mission reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tyndale Theological Seminary Inc Fka Tyndale International Mission sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Chess for Success ($1.3m), Hiawatha Collegiate High School Abc ($1.3m) and The Walsh College Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $166k (13% of expenses). Other salaries and wages came to $704k. At year end it held assets of $1.6m against liabilities of $230k, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.