Fuller Theological Seminary

Analysis

Fuller Theological Seminary is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 1952, 74 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 2023, Fuller Theological Seminary reported income of $58.1m and spending of $64.1m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $53.0m to $58.1m (+9.7%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fuller Theological Seminary sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Francis Parker School ($58.1m), Strive Preparatory Schools ($58.2m) and Spence School ($58.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $1.7m (2.6% of expenses). Other salaries and wages came to $27.3m. At year end it held assets of $297.7m against liabilities of $54.1m, net assets of $243.6m. It reported 1,035 employees.