International Thomas Merton Society Inc
International Thomas Merton Society Inc. maintains stable assets and no liabilities with volunteer leadership.
EIN: 161314862 · Louisville, KY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $39K |
| Total Expenses | $66K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $247K |
| Transparency Score | 90/100 |
Is International Thomas Merton Society Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Thomas Merton Society Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Thomas Merton Society Inc
International Thomas Merton Society Inc (EIN: 161314862) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $39K and total assets of $228K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Thomas Merton Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Thomas Merton Society Inc is a micro nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $66K |
| Surplus / Deficit | $-629 |
| Total Assets | $247K |
| Net Assets | $247K |
| Operating Margin | -1.0% |
| Months of Reserves | 44.9 months |
Financial Health Grade: B
In 2024, International Thomas Merton Society Inc reported a deficit of $629 with expenses exceeding revenue, holds 44.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), International Thomas Merton Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -34.5% | +11.6% | -0.3% |
| 2023 | +110.0% | +52.5% | +19.7% |
| 2022 | +9.8% | +24.3% | +4.4% |
| 2021 | -35.8% | -74.3% | +6.5% |
| 2020 | -12.1% | +92.2% | -22.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates International Thomas Merton Society Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, International Thomas Merton Society Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $629, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer channels, which is highly efficient for an organization of its size with revenues typically under $100,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for International Thomas Merton Society Inc:
- Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
- No reported liabilities across all 13 filings, demonstrating strong financial health and low risk.
- Healthy and growing asset base, reaching $246,767 in the latest period, providing financial stability.
- Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
- Generally well-managed expenses relative to revenue, with most periods showing balanced or surplus operations.
Frequently Asked Questions about International Thomas Merton Society Inc
Is International Thomas Merton Society Inc a legitimate charity?
International Thomas Merton Society Inc (EIN: 161314862) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $39K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does International Thomas Merton Society Inc spend its money?
International Thomas Merton Society Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to International Thomas Merton Society Inc tax-deductible?
International Thomas Merton Society Inc is registered as a tax-exempt nonprofit (EIN: 161314862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the International Thomas Merton Society Inc CEO make?
International Thomas Merton Society Inc's highest-compensated officer earns $100,000. annually. The organization reported $39K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is International Thomas Merton Society Inc located?
International Thomas Merton Society Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 161314862.
How many years of IRS 990 filings does International Thomas Merton Society Inc have?
International Thomas Merton Society Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $39K in total revenue.
Is International Thomas Merton Society Inc. a good charity?
Based on the provided financial data, the International Thomas Merton Society Inc. appears to be a well-managed organization. It consistently reports 0% officer compensation, maintains a healthy asset base (currently $246,767), and has no liabilities, indicating strong financial health and efficient use of funds. Its consistent IRS 990 filings also demonstrate good transparency.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well, often operating with a surplus or near-balanced budget. For example, in 202305, revenue was $99,831 against expenses of $59,101. While there was a significant deficit in 202005 (expenses of $121,419 vs. revenue of $67,491), this appears to be an isolated event, with subsequent years showing more controlled spending.
What is the trend in the organization's assets?
The organization's assets have shown a positive growth trend over the long term, increasing from $105,077 in 201505 to $246,767 in 202405. This indicates effective financial stewardship and the accumulation of reserves.
Filing History
IRS 990 filing history for International Thomas Merton Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), International Thomas Merton Society Inc's revenue has grown by 25.4%, moving from $52K to $65K. Total assets increased by 108% over the same period, from $119K to $247K. Total functional expenses rose by 90.7%, from $35K to $66K. In its most recent filing year (2024), International Thomas Merton Society Inc reported a deficit of $629, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $65K | $66K | $247K | $0 | — | — |
| 2023 | $100K | $59K | $247K | $0 | — | — |
| 2022 | $48K | $39K | $207K | $0 | — | — |
| 2021 | $43K | $31K | $198K | $0 | — | — |
| 2020 | $67K | $121K | $186K | $0 | — | — |
| 2019 | $77K | $63K | $240K | $0 | — | View 990 |
| 2018 | $55K | $37K | $226K | $0 | — | — |
| 2017 | $41K | $49K | $208K | $0 | — | View 990 |
| 2016 | $135K | $25K | $215K | $0 | — | View 990 |
| 2015 | $33K | $59K | $105K | $0 | — | View 990 |
| 2014 | $67K | $43K | $131K | $0 | — | View 990 |
| 2013 | $30K | $41K | $107K | $0 | — | View 990 |
| 2012 | $52K | $35K | $119K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $65K, expenses of $66K, and assets of $247K (revenue -34.5% year-over-year).
- 2023: Revenue of $100K, expenses of $59K, and assets of $247K (revenue +110.0% year-over-year).
- 2022: Revenue of $48K, expenses of $39K, and assets of $207K (revenue +9.8% year-over-year).
- 2021: Revenue of $43K, expenses of $31K, and assets of $198K (revenue -35.8% year-over-year).
- 2020: Revenue of $67K, expenses of $121K, and assets of $186K (revenue -12.1% year-over-year).
- 2019: Revenue of $77K, expenses of $63K, and assets of $240K (revenue +38.9% year-over-year).
- 2018: Revenue of $55K, expenses of $37K, and assets of $226K (revenue +34.1% year-over-year).
- 2017: Revenue of $41K, expenses of $49K, and assets of $208K (revenue -69.5% year-over-year).
- 2016: Revenue of $135K, expenses of $25K, and assets of $215K (revenue +308.2% year-over-year).
- 2015: Revenue of $33K, expenses of $59K, and assets of $105K (revenue -50.5% year-over-year).
- 2014: Revenue of $67K, expenses of $43K, and assets of $131K (revenue +125.7% year-over-year).
- 2013: Revenue of $30K, expenses of $41K, and assets of $107K (revenue -43.2% year-over-year).
- 2012: Revenue of $52K, expenses of $35K, and assets of $119K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Thomas Merton Society Inc:
Data Sources and Methodology
This transparency report for International Thomas Merton Society Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.