Theos Seminary

Analysis

Theos Seminary is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in July 2021, 5 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, Theos Seminary reported income of $491k and spending of $362k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $491k (+225%), an average of +225% a year. The sharpest change came in the year to December 2023, when income rose by 225%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Theos Seminary sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Training2send ($491k), Wesleyan Woods ($491k) and Daughters of Mary Mother of Mercy - America ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $44k (12% of expenses). Other salaries and wages came to $62k. At year end it held assets of $83k against liabilities of $3,156, net assets of $80k. It reported 4 employees.