Public Charity

PURITAN REFORMED THEOLOGICAL SEMINARY

Based in GRAND RAPIDS, MI, PURITAN REFORMED THEOLOGICAL SEMINARY operates as a Public Charity. The organization reported $8.0M in revenue, $6.8M in expenses, $20.1M in total assets for fiscal year 2025. Imperigo tracks 42 reported grant relationships connected to this organization totaling approximately $9.7M.

EIN: 202394341 GRAND RAPIDS, MI Higher Education NTEE: B40 Latest filing: 2025
Total Revenue$8.0M
Total Expenses$6.8M
Total Assets$20.1M
Grant Records42
Funding Total$9.7M
Filing Years2021–2025

Mission

TO PREPARE STUDENTS TO SERVE CHRIST AND HIS CHURCH THROUGH BIBLICAL, EXPERIENTIAL AND PRACTICAL MINISTRY. PRTS PROVIDES THEOLOGICAL TRAINING AND INSTRUCTION IN ACCORDANCE WITH THE SCRIPTURES AND THE HISTORIC REFORMED CREEDS FOR PROMOTION AND DEFENSE OF THE GOSPEL OF JESUS CHRIST.

Where $100 goes at Puritan Reformed Theological Seminary

How Puritan Reformed Theological Seminary divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$73 Programs the work itself
$21 Management running the organization
$6 Fundraising raising the next dollar

Inside the $73 for programs

$73
To educate and train ministers of the gospel for ministry, Puritan Reformed Theological Seminary offers masters and doctoral programs for both full-time and part-time students
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Adriaan Neele
TRUSTEE Bart Elshout
EMPLOYEE Daniel Timmer
TRUSTEE David Lipsy
TRUSTEE Gary Postma
VICE PRESIDENT Gerald Bilkes

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$8,827,312 18 grants
Education
$183,341 11 grants
Religion & Spirituality
$7,600 1 grant
Unspecified
$668,321 12 grants

Financial Trends

Year Revenue Expenses Assets
2025 $8.0M $6.8M $20.1M
2024 $9.3M $6.0M $18.7M
2023 $6.7M $4.7M $15.2M
2022 $7.2M $4.4M $13.4M
2021 $4.2M $3.8M $10.3M

Between 2021 and 2025, reported annual revenue grew from $4.2M to $8.0M (+93%), with total assets most recently reported at $20.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for PURITAN REFORMED THEOLOGICAL SEMINARY

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