T Lawrason Riggs Trust C O Saint Thomas More Corporation

Analysis

T Lawrason Riggs Trust C O Saint Thomas More Corporation is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in October 2024, 2 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, T Lawrason Riggs Trust C O Saint Thomas More Corporation reported income of $165k and spending of $165k, spending 100% of its income. Across the 5 years on record, from June 2018 to June 2024, income grew from $117k to $165k (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, T Lawrason Riggs Trust C O Saint Thomas More Corporation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include The Friends of the J V Fletcher Library Inc ($165k), Shorter College Plaza Inc ($165k) and Veterans Rural Outreach Ky Inc ($165k).

At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.