Public Charity

Luther Rice College & Seminary Inc

Luther Rice College & Seminary Inc, of Lithonia, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.3M in revenue, $4.2M in expenses, $8.3M in total assets. 5 publicly reported grants to this organization, totaling roughly $413K, appear in IRS filings.

EIN: 591197022 Lithonia, GA Latest filing: 2024
Total Revenue$4.3M
Total Expenses$4.2M
Total Assets$8.3M
Grant Records5
Funding Total$413K
Filing Years2020–2024

Mission

The mission of Luther Rice College & Seminary is to serve the church and community by providing biblically based on-campus and distance education to Christian men and women for ministry and the marketplace with an end to granting undergraduate and graduate degrees.

Officers & Directors

Trustee Bill Houck
Former Trustee Brent Purvis
Trustee Daryl Edwards
Trustee Deborah Wilson
Executive V P and Provost Evan Posey
Former Trustee Gary Jarnagin

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$300,000 1 grant
NEW
$60,000 1 grant
GROWTH
$36,000 1 grant
BIBLICAL EDUCATION SCHOLARSHIP
$17,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.3M $4.2M $8.3M
2023 $4.7M $4.3M $8.3M
2021 $5.4M $5.0M $8.2M
2020 $5.0M $4.6M $7.4M

Between 2020 and 2024, reported annual revenue declined from $5.0M to $4.3M (-14%), with total assets most recently reported at $8.3M.

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

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