Thomas Beckett Foundation

Analysis

Thomas Beckett Foundation is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 1969, 57 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thomas Beckett Foundation reported income of $389k and spending of $338k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $389k (-64%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 80%. Over the whole period it spent 35% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thomas Beckett Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within RI. Charities of a similar size with the same main cause include Savannah Voice Festival Inc ($389k), Arte Y Mana Inc ($389k) and Bihl Haus Arts Inc ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 2.0% of the total. At year end it held assets of $3.7m against liabilities of $454k, net assets of $3.2m.