Jerusalem Seminary

Analysis

Jerusalem Seminary is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in January 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, Jerusalem Seminary reported income of $445k and spending of $421k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $81k to $445k (+449%), an average of +76% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jerusalem Seminary sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Philippians 2 Foundation ($445k), Friends of St Johns Chapel Inc ($445k) and Connexion Worldwide Partnership ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $34k (8.2% of expenses). Other salaries and wages came to $191k. At year end it held assets of $151k against liabilities of $0, net assets of $151k.