Christ Our Redeemer Seminary Inc

Analysis

Christ Our Redeemer Seminary Inc is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in April 2022, 4 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, Christ Our Redeemer Seminary Inc reported income of $459k and spending of $437k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $257k to $459k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Christ Our Redeemer Seminary Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within AL. Charities of a similar size with the same main cause include Benjamin Franklin High School Parent Booster Council ($459k), American Friends of the Morris M Horowitz Kollel ($459k) and Lourdes School ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $268k. At year end it held assets of $152k against liabilities of $0, net assets of $152k. It reported 4 employees.