Tha Inc

Analysis

Tha Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in July 2004, 22 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, Tha Inc reported income of $248k and spending of $536k, spending 216% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $248k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 187% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tha Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Central Plains Residences Inc ($248k), Larche Long Island Inc ($248k) and Anderson Valley Housing Association Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 46% of the total. Other salaries and wages came to $5,969. At year end it held assets of $827k against liabilities of $556k, net assets of $272k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.