T G Masaryk Free Thinking School Association

Analysis

T G Masaryk Free Thinking School Association is a registered charity in United States, based in Cicero, IL. It received its IRS tax-exemption ruling in October 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, T G Masaryk Free Thinking School Association reported income of $170k and spending of $182k, spending 107% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income grew from $133k to $170k (+27%), an average of +27% a year. The sharpest change came in the year to January 2024, when income rose by 27%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, T G Masaryk Free Thinking School Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Saint George Greek Orthodox Cathedral of Manchester Trust Fund ($170k), Broken Boot Mine Inc ($170k) and Northfield Soccer Association ($170k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 56% and program service revenue 41% of the total. At year end it held assets of $289k against liabilities of $0, net assets of $289k.