Threshold Community Program Inc

Analysis

Threshold Community Program Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Threshold Community Program Inc reported income of $1.2m and spending of $1.4m, spending 114% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.1m to $1.2m (+16%), an average of +3.0% a year. The sharpest change came in the year to July 2021, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Threshold Community Program Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Hi-Tech Charities ($1.2m), Happy Hollow Christian Academy Inc ($1.2m) and Grace Christian Academy of St Lucie County Inc ($1.2m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $153k (11% of expenses). Other salaries and wages came to $789k. At year end it held assets of $2.1m against liabilities of $1.2m, net assets of $902k. It reported 12 employees.