Digital Theological Library

Analysis

Digital Theological Library is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Digital Theological Library reported income of $1.8m and spending of $1.0m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $722k to $1.8m (+153%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Digital Theological Library sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include John G McCullough Free Library Inc ($1.8m), Governors State University Foundation ($1.8m) and Beaufort Hyde Partnership for Children ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $337k (33% of expenses). Other salaries and wages came to $260k. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m. It reported 10 employees.