Thomas Merton Center Inc

Analysis

Thomas Merton Center Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1982, 44 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, Thomas Merton Center Inc reported income of $98k and spending of $246k, spending 250% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $764k to $98k (-87%), an average of -34% a year. The sharpest change came in the year to June 2024, when income dropped by 55%. Over the whole period it spent 118% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Thomas Merton Center Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include United States Servas Inc ($98k), World Affairs Council of the Monterey Bay Area Inc ($98k) and Miracle of Help USA Inc ($98k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 7.9% of the total. Other salaries and wages came to $106k. At year end it held assets of $119k against liabilities of $0, net assets of $119k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.