Thomas Contentment Inc

Analysis

Thomas Contentment Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Thomas Contentment Inc reported income of $100k and spending of $116k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $100k to $100k (-0.1%), an average of +-0.0% a year. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Thomas Contentment Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Ozark Meadows II Inc ($100k), River City Housing Connections ($100k) and Gulf Coast Egret Housing Inc ($100k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $620k against liabilities of $979k, net assets of -$358k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.