Canons Regular of St John Cantius

Analysis

Canons Regular of St John Cantius is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1998, 28 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, Canons Regular of St John Cantius reported income of $1.8m and spending of $3.1m, spending 170% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+47%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Canons Regular of St John Cantius sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Rebuild Upstate ($1.8m), Ministry Essentials ($1.8m) and Iglesia Sendero de LA Cruz ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $78k. At year end it held assets of $9.0m against liabilities of $44k, net assets of $9.0m. It reported 3 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.