Classical Tradition Institute

Analysis

Classical Tradition Institute is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Classical Tradition Institute reported income of $88k and spending of $91k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $88k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Classical Tradition Institute sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within UT. Charities of a similar size with the same main cause include CVHS Aquatics Boosters ($88k), District 128 Foundation for Learning ($88k) and Canyon High School Safe Graduation Night Committee ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 94% of the total. At year end it held assets of $293k against liabilities of $45k, net assets of $248k.