St Thomas Knanaya Church Inc

Analysis

St Thomas Knanaya Church Inc is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Thomas Knanaya Church Inc reported income of $86k and spending of $72k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $86k (+20%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Thomas Knanaya Church Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Iglesia de Dios East LA ($86k), Keren Sharei Yby Inc ($86k) and Project Learning Institute Future Educators Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $766k against liabilities of $3,000, net assets of $763k.