Thor Johnson Endowment Trust

Analysis

Thor Johnson Endowment Trust is a registered charity in United States, based in Ephraim, WI. It received its IRS tax-exemption ruling in February 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Thor Johnson Endowment Trust reported income of $941k and spending of $319k, leaving 66% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $344k to $941k (+174%), an average of +40% a year. The sharpest change came in the year to September 2021, when income rose by 432%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thor Johnson Endowment Trust sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Fremont Community School ($941k), Maimonides Hebrew Day School ($941k) and Double Helix Corporation ($940k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 44% of the total. At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m.