Canons Regular of Saint Thomas Aquinas

Analysis

Canons Regular of Saint Thomas Aquinas is a registered charity in United States, based in Madison, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Canons Regular of Saint Thomas Aquinas reported income of $52k and spending of $48k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $52k (-12%), an average of -12% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canons Regular of Saint Thomas Aquinas sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Meeting Professionals International ($52k), Rowayton Historical Society Inc ($52k) and Everett Area Renaissance Foundation Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.