St Thomas More Academy Inc

Analysis

St Thomas More Academy Inc is a registered charity in United States, based in Middletown, MD. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2024, St Thomas More Academy Inc reported income of $1.2m and spending of $1.0m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $568k to $1.2m (+115%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Thomas More Academy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include Western New York Library Resources Council ($1.2m), Sexual Assault Victim Advocate Center ($1.2m) and Lumen Christi ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.7% and program service revenue 80% of the total. Other salaries and wages came to $664k. At year end it held assets of $958k against liabilities of $177k, net assets of $781k. It reported 30 employees.