Institute for Christian Thought Inc

Analysis

Institute for Christian Thought Inc is a registered charity in United States, based in Zionsville, IN. It received its IRS tax-exemption ruling in November 1996, 30 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, Institute for Christian Thought Inc reported income of $55k and spending of $47k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $55k (-13%), an average of -13% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Christian Thought Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Mendota Youth Recreation Inc ($55k), Newton Public Library Foundation ($55k) and Richardson Orchestra Club ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.