Dispensationalism is not a cult; it is arguably the largest theological camp within Christianity these days. Its headquarters could be said to be Dallas Seminary but its tenets have pervaded most of the Christian schools in America. It turns out Biblically astute and godly preachers and teachers.
Although I regard them as genuinely Christian and no cult, as a believer along Reformed lines myself, I've recently come to be more aware of the teachings of Dispensationalism and find myself at odds with them on many things, particularly their view that the nation of Israel is the object of most of the Old Testament promises and prophecies, rather than the Church. I believe there is still a role for earthly Israel to play based on the OT, but that most of the OT looks toward the Church, to which all believers belong.
Edited by Faith, : No reason given.