Missionary Baptist Seminary & Institute

Analysis

Missionary Baptist Seminary & Institute is a registered charity in United States, based in Bryant, AR. It received its IRS tax-exemption ruling in January 2016, 10 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, Missionary Baptist Seminary & Institute reported income of $985k and spending of $772k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $602k to $985k (+64%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Missionary Baptist Seminary & Institute sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within AR. Charities of a similar size with the same main cause include Libertys Kitchen ($985k), Aggie Athletic Foundation of North Carolina A&t State Universit ($985k) and Bright Roads Montessori School ($985k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $101k (13% of expenses). Other salaries and wages came to $328k. At year end it held assets of $2.2m against liabilities of $620, net assets of $2.2m. It reported 28 employees.