Saint John Henry Newman Institute

Analysis

Saint John Henry Newman Institute is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 2022, 4 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, Saint John Henry Newman Institute reported income of $1.2m and spending of $661k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $445k to $1.2m (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Saint John Henry Newman Institute sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Net Works Cooperative Ministry Inc ($1.2m), Destined for Victory Ministries Bay Area Inc ($1.2m) and Harvestnet International ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (6.6% of expenses). Other salaries and wages came to $117k. At year end it held assets of $558k against liabilities of $0, net assets of $558k. It reported 6 employees.