Public Charity

CENTER FOR INDEPENDENT THOUGHT

CENTER FOR INDEPENDENT THOUGHT, of BALA CYNWYD, PA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.1M in revenue, $3.5M in expenses, $6.5M in total assets. 49 publicly reported grants to this organization, totaling roughly $7.6M, appear in IRS filings.

EIN: 520945376 BALA CYNWYD, PA Latest filing: 2024
Total Revenue$3.1M
Total Expenses$3.5M
Total Assets$6.5M
Grant Records49
Funding Total$7.6M
Filing Years2020–2024

Mission

CENTER FOR INDEPENDENT THOUGHT SEEKS TO EXPAND AWARENESS OF INDIVIDUAL LIBERTY, FREE MARKETS,AND PEACE. CIT WORKS WITH TEACHERS, SCHOLARS, AND FREE-MARKET ORGANIZATIONS TO DEVELOP CRITICAL THINKING AND BRING THE IDEAS OF LIBERTY TO FREEDOM-LOVING PEOPLE AROUND THE GLOBE.

Officers & Directors

SECRETARY Anita Anderson
CHAIRMAN Howard Rich
DIRECTOR John Stossel
DIRECTOR Michael Ricci
PRESIDENT Robert Schimenz
DIRECTOR Scott Barbee

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR RECIPIENT'S EXEMPT PURPOSE
$3,286,000 3 grants
For recipient's exempt purpose
$1,213,000 1 grant
for general operations
$559,500 2 grants
for Stossel in the Classroom
$501,000 2 grants
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
$300,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.1M $3.5M $6.5M
2023 $3.2M $2.5M $6.0M
2022 $2.9M $2.1M $5.2M
2021 $3.7M $1.8M $4.7M
2020 $1.7M $1.1M $2.8M

Between 2020 and 2024, reported annual revenue grew from $1.7M to $3.1M (+77%), with total assets most recently reported at $6.5M.

Interactive year-over-year charts and full filing details available with membership.

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