Thomas B Fordham Institute

Analysis

Thomas B Fordham Institute is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 B Fordham Institute reported income of $2.1m and spending of $3.9m, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.1m (-3.0%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 142% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thomas B Fordham Institute sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Al-Qalam Foundation ($2.1m), Plymouth Christian Schools Association ($2.1m) and Wingra School Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $748k (19% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.4m against liabilities of $1.4m, net assets of $5.1m.