Colorado Theological Seminary

Analysis

Colorado Theological Seminary is a registered charity in United States, based in Lake Helen, FL. It received its IRS tax-exemption ruling in February 2001, 25 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, Colorado Theological Seminary reported income of $136k and spending of $134k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $207k to $136k (-34%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colorado Theological Seminary sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include East Mountain High School Foundation ($136k), Educate Africa Foundation ($136k) and Bohua Chinese School a Colorado Non-Profit Corporation ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $73k. At year end it held assets of $22k against liabilities of $0, net assets of $22k.