Bethel Theological Seminary Inc

Analysis

Bethel Theological Seminary Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in April 2023, 3 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 June 2024, Bethel Theological Seminary Inc reported income of $132k and spending of $57k, leaving 57% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $287k to $132k (-54%), an average of -54% a year. The sharpest change came in the year to June 2024, when income dropped by 54%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bethel Theological Seminary Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Joya Scholars ($132k), Union Football Booster Club ($132k) and Trumansburg Community Nursery School Inc ($132k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 2.7% of the total. Other salaries and wages came to $40k. At year end it held assets of $339k against liabilities of $1,087, net assets of $337k. It reported 1 employees.