Thomas More Institute for the Renewal of Teaching and Learning I

Analysis

Thomas More Institute for the Renewal of Teaching and Learning I is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, Thomas More Institute for the Renewal of Teaching and Learning I reported income of $108k and spending of $56k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $196k to $108k (-45%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 15% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thomas More Institute for the Renewal of Teaching and Learning I sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Nashville Sounds Foundation ($108k), Parent Booster USA Inc ($108k) and Aspen Hill Nursery School Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $514k against liabilities of $0, net assets of $514k.