John S Thorner Charitable Family Trust

Analysis

John S Thorner Charitable Family Trust is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in August 1999, 27 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, John S Thorner Charitable Family Trust reported income of $325k and spending of $521k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $556k to $325k (-42%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, John S Thorner Charitable Family Trust sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within WV. Charities of a similar size with the same main cause include Alpha and Omega Freedom Ministries Incorporated ($325k), Temecula Valley Soccer Association Inc ($325k) and Levy County Public Schools Foundation Inc ($325k).

At year end it held assets of $6.8m against liabilities of $3,001, net assets of $6.8m.