Thomas Charities

Analysis

Thomas Charities is a registered charity in United States, based in Landenberg, PA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Thomas Charities reported income of $189k and spending of $272k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $189k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Thomas Charities sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Hope Road Nicaragua Inc ($189k), Matthew E Russell Found ($189k) and Growing Entrepreneurs International ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $21k against liabilities of $462, net assets of $20k.