Seminary for the Third Millennium

Analysis

Seminary for the Third Millennium is a registered charity in United States, based in Casselberry, FL. It received its IRS tax-exemption ruling in May 2020, 6 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 June 2023, Seminary for the Third Millennium reported income of $200k and spending of $218k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $113k to $200k (+77%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Seminary for the Third Millennium sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Mendham Cooperative Nursery School ($200k), Prairie View a & M University National Alumni Association ($200k) and Hawn Memorial Library ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Other salaries and wages came to $13k. At year end it held assets of $41k against liabilities of $890, net assets of $40k.