St Paul Center for Biblical Theology
Analysis
St Paul Center for Biblical Theology is a registered charity in United States, based in Steubenville, OH. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, St Paul Center for Biblical Theology reported income of $10.2m and spending of $7.4m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $10.2m (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 71% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, St Paul Center for Biblical Theology sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include American Friends of Zavat Chalav Inc ($10.2m), Eretz Hachaim US Inc ($10.2m) and JFS Care ($10.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $374k (5.0% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $18.9m against liabilities of $5.9m, net assets of $13.0m. It reported 75 employees.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 43%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Friends of Zavat Chalav Inc | Airmont | $10.2m |
| Eretz Hachaim US Inc | Brooklyn | $10.2m |
| JFS Care | Los Angeles | $10.1m |
| Kentucky Baptist Assemblies Inc | Louisville | $10.3m |