St Thomas Classical Academy

Analysis

St Thomas Classical Academy is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, St Thomas Classical Academy reported income of $256k and spending of $263k, spending 103% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $232k to $256k (+10%), an average of +5.1% a year. 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, St Thomas Classical Academy sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IA. Charities of a similar size with the same main cause include Patricks Purpose Foundation ($256k), Golden Ciphers ($256k) and Yerba Buena Parent Faculty Assoc ($256k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 73% of the total. At year end it held assets of $273k against liabilities of $186k, net assets of $88k.