Society of St John the Wonderworker Monastery

Analysis

Society of St John the Wonderworker Monastery is a registered charity in United States, based in Cobleskill, NY. It received its IRS tax-exemption ruling in July 2016, 10 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 August 2023, Society of St John the Wonderworker Monastery reported income of $1.1m and spending of $625k, leaving 45% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $627k to $1.1m (+83%), an average of +16% a year. The sharpest change came in the year to August 2021, when income rose by 45%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Society of St John the Wonderworker Monastery sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include The Rabinowitz Institute Inc ($1.1m), South Lake Community Ministries Inc ($1.1m) and Jewish Center of the Bay Cities ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.6m against liabilities of $14k, net assets of $4.6m.