International Theological Education Ministries Inc
Analysis
International Theological Education Ministries Inc is a registered charity in United States, based in Des Peres, MO. It received its IRS tax-exemption ruling in June 1992, 34 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, International Theological Education Ministries Inc reported income of $465k and spending of $404k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $465k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 83% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, International Theological Education Ministries Inc 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 69th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Pentecostal Church of Philadelphiainc ($465k), Sarasota Hope House Inc ($465k) and DS Ministries ($465k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $67k (17% of expenses). At year end it held assets of $608k against liabilities of $2,510, net assets of $605k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pentecostal Church of Philadelphiainc | Philadelphia | $465k |
| Sarasota Hope House Inc | Sarasota | $465k |
| DS Ministries | San Jose | $465k |
| Operation Resolute Inc | Belhaven | $465k |