Albertus Magnus Institute Inc

Analysis

Albertus Magnus Institute Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 July 2024, Albertus Magnus Institute Inc reported income of $124k and spending of $103k, spending 83% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $168k to $124k (-26%), an average of -26% a year. The sharpest change came in the year to July 2024, when income dropped by 26%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Albertus Magnus Institute Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Seth Peterson Cottage Conservancy Inc ($124k), North Street Playhouse Inc ($124k) and Association of Global Intelligent Science and Technology ($124k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.