Four Springs Seminars

Analysis

Four Springs Seminars is a registered charity in United States, based in Middletown, CA. It received its IRS tax-exemption ruling in September 2023, 3 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, Four Springs Seminars reported income of $239k and spending of $258k, spending 108% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $462k to $239k (-48%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Four Springs Seminars sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Marian Missionaries of the Holy Cross ($239k), Accidental Talmudist ($239k) and Supernatural Ministries ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $52k (20% of expenses). Other salaries and wages came to $11k. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.1m. It reported 1 employees.

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.