Thompson Ecumenical Empowerment Group Inc

Analysis

Thompson Ecumenical Empowerment Group Inc is a registered charity in United States, based in N Grosvenordl, CT. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Thompson Ecumenical Empowerment Group Inc reported income of $1.4m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $861k to $1.4m (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Thompson Ecumenical Empowerment Group Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within CT. Charities of a similar size with the same main cause include Childrens Haven of SW Missouri ($1.4m), Mountain Area Youth Organization ($1.4m) and Future Farmers of America ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $78k (6.1% of expenses). Other salaries and wages came to $618k. At year end it held assets of $2.2m against liabilities of $113k, net assets of $2.1m. It reported 31 employees.