Blue Ridge Institute for Theological Education
Analysis
Blue Ridge Institute for Theological Education is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Blue Ridge Institute for Theological Education reported income of $56k and spending of $83k, spending 148% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $56k (-62%), an average of -62% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 82% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Blue Ridge Institute for Theological Education sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Institute for American Religious and Philosophical Thought Inc ($56k), Joe Joe Dawson Ministries ($56k) and Building Hope Ministries Inc ($56k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Program services 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Institute for American Religious and Philosophical Thought Inc | Dedham | $56k |
| Joe Joe Dawson Ministries | Texarkana | $56k |
| Building Hope Ministries Inc | Bowie | $56k |
| Global Compassion Life Foundation | Los Angeles | $56k |