Thoth Charities Inc a Louisiana Nonprofit Corporation

Analysis

Thoth Charities Inc a Louisiana Nonprofit Corporation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in November 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 March 2023, Thoth Charities Inc a Louisiana Nonprofit Corporation reported income of $82k and spending of $70k, spending 86% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $50k to $82k (+65%), an average of +65% a year. The sharpest change came in the year to March 2023, when income rose by 65%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Thoth Charities Inc a Louisiana Nonprofit Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within LA. Charities of a similar size with the same main cause include Canton-Inwood Area Health Foundation ($82k), J Robert Young Foundation ($82k) and National Charity League Inc Tulsa Midtown Chapter ($82k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.