St Thomas Orthodox Church of India

Analysis

St Thomas Orthodox Church of India is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in January 1979, 47 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Thomas Orthodox Church of India reported income of $595k and spending of $662k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $479k to $595k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Thomas Orthodox Church of India sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Bedford Free Library ($595k), New Destiny Daycare and Learning Academy ($595k) and Boone County Agricultural Association ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. At year end it held assets of $4.1m against liabilities of $604k, net assets of $3.5m.