Northwind Theological Seminary

Analysis

Northwind Theological Seminary is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwind Theological Seminary reported income of $318k and spending of $315k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $86k to $318k (+270%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Northwind Theological Seminary sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Msaada Architects Inc ($318k), Theology Matters ($318k) and American Friends of Yeshiva Halacha Lmoshe Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. At year end it held assets of $21k against liabilities of $3,600, net assets of $17k.