Christ International Theological Seminary
Analysis
Christ International Theological Seminary is a registered charity in United States, based in Alhambra, CA. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Christ International Theological Seminary reported income of $164k and spending of $155k, spending 95% of its income. Across the 3 years on record, from September 2019 to December 2022, income fell from $273k to $164k (-40%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 47%. Over the whole period it spent 93% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Christ International Theological Seminary sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Lifewell Ministries Inc ($164k), Iglesia Centro Evangelistico Fe En Accion ($164k) and Loc Ministries ($164k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $72k. At year end it held assets of $97k against liabilities of $5,389, net assets of $92k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lifewell Ministries Inc | Snellville | $164k |
| Iglesia Centro Evangelistico Fe En Accion | Houston | $164k |
| Loc Ministries | Durant | $164k |
| Choose to Soar Ministries | Rockwall | $164k |