John a Thomann Memorial Foundation

Analysis

John a Thomann Memorial Foundation is a registered charity in United States, based in Setauket, NY. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, John a Thomann Memorial Foundation reported income of $70k and spending of $50k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $130k to $70k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 122%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, John a Thomann Memorial Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Feda Education Foundation ($70k), Bhai Kanhaiya Charitable Trust Inc ($70k) and The Virginia Satir Global Network ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.