Thursdays Child

Analysis

Thursdays Child is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Thursdays Child reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $1.7m (+500%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 222%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Thursdays Child sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Housing Association of Nonprofit Developers ($1.7m), Monroe County Homeless Services Continuum-Of-Care Inc ($1.7m) and James Lenox House Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 92% of the total. Other salaries and wages came to $367k. At year end it held assets of $1.3m against liabilities of $923k, net assets of $330k. It reported 6 employees.