Aquinas Institute for Catholic Life at Princeton University Inc

Analysis

Aquinas Institute for Catholic Life at Princeton University Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Aquinas Institute for Catholic Life at Princeton University Inc reported income of $1.9m and spending of $1.4m, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $405k to $1.9m (+381%), an average of +69% a year. The sharpest change came in the year to December 2022, when income rose by 454%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Aquinas Institute for Catholic Life at Princeton University Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Genesee Christian School Ministries ($1.9m), Z Ministries ($2.0m) and Lead to Serve Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $46k (3.2% of expenses). Other salaries and wages came to $259k. At year end it held assets of $9.3m against liabilities of $6.1m, net assets of $3.1m. It reported 7 employees.