Public Charity

HOOD THEOLOGICAL SEMINARY

HOOD THEOLOGICAL SEMINARY is a Public Charity headquartered in SALISBURY, NC. Financial data from the 2025 filing: $3.8M revenue, $3.9M expenses, $21.2M total assets. 15 publicly reported grants to this organization, totaling roughly $321K, appear in IRS filings.

EIN: 562231069 SALISBURY, NC Graduate & Professional Schools NTEE: B50 Latest filing: 2025
Total Revenue$3.8M
Total Expenses$3.9M
Total Assets$21.2M
Grant Records15
Funding Total$321K
Filing Years2020–2025

Mission

EDUCATIONAL INSTITUTION

Where $100 goes at Hood Theological Seminary

How Hood Theological Seminary divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$44 Programs the work itself
$44 Management running the organization
$12 Fundraising raising the next dollar

Inside the $44 for programs

$44
The organization is an institution of higher education and provides instruction, scholarships and various support services in achieving its primary purpose
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

TRUSTEE Bishop Brian R Thompson Sr
TRUSTEE Bishop Daran Mitchell
TRUSTEE Bishop Darryl B Starnes
TRUSTEE Bishop Dwayne A Walker
VICE CHAIRMAN Bishop George D Crenshaw
TRUSTEE EMERITUS Bishop George W C Walker Sr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$238,527 10 grants
Research & Policy
$22,500 1 grant
Education
$17,750 2 grants
Training & Professional Development
$5,100 1 grant
Unspecified
$37,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $3.8M $3.9M $21.2M
2024 $3.6M $3.4M $20.0M
2023 $3.5M $3.6M $18.8M
2021 $4.7M $3.3M $19.7M
2020 $3.5M $3.0M $15.9M

Between 2020 and 2025, reported annual revenue grew from $3.5M to $3.8M (+6%), with total assets most recently reported at $21.2M.

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

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