Christian Witness Theological Seminary

Analysis

Christian Witness Theological Seminary is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 1990, 36 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christian Witness Theological Seminary reported income of $2.4m and spending of $1.9m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Witness Theological Seminary sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include The Washington County School District Foundation ($2.4m), The Dorsey and Whitney Foundation ($2.4m) and Arc of Central Virginia ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $90k (4.8% of expenses). At year end it held assets of $9.7m against liabilities of $318k, net assets of $9.4m. It reported 18 employees.