Esther Theological Seminary of Malabar Inc

Analysis

Esther Theological Seminary of Malabar Inc is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in April 2023, 3 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 December 2023, Esther Theological Seminary of Malabar Inc reported income of $61k and spending of $61k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $61k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Esther Theological Seminary of Malabar Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Chuckie Mahoney Memorial Foundation ($61k), Canton Athletic Booster Club Inc ($61k) and Conservation History Association of Texas ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 28% of the total. At year end it held assets of $9,730 against liabilities of $0, net assets of $9,730.