Fondation Momprince Thomas Inc

Analysis

Fondation Momprince Thomas Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in June 2012, 14 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, Fondation Momprince Thomas Inc reported income of $164k and spending of $172k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $219k to $164k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fondation Momprince Thomas Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Pearl Ministries Inc ($164k), Patriarch Tikhon Russian American Music Institute ($164k) and Vietnamese New Beginning Church ($164k).

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 $421k against liabilities of $93, net assets of $421k.