Lithuanian Catholic Academy of Sciences Inc

Analysis

Lithuanian Catholic Academy of Sciences Inc is a registered charity in United States, based in Putnam, CT. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lithuanian Catholic Academy of Sciences Inc reported income of $109k and spending of $84k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $109k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 405%. Over the whole period it spent 57% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lithuanian Catholic Academy of Sciences Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include I-Kuan Tao Haw Lan Organization ($109k), Isaiah Project ($109k) and Legacy Shepherding Ministries Inc ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.