General Conference of Seventh Day Adventist

Analysis

General Conference of Seventh Day Adventist is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in April 1947, 79 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, General Conference of Seventh Day Adventist reported income of $72.5m and spending of $72.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $57.0m to $72.5m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, General Conference of Seventh Day Adventist sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Cato Institute ($71.9m), Stella Maris Inc ($72.8m) and Hospital Damas Inc ($71.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $44.2m. At year end it held assets of $15.0m against liabilities of $30.7m, net assets of -$15.7m. It reported 682 employees.