Thunder Elite Fastpitch Inc
Analysis
Thunder Elite Fastpitch Inc is a registered charity in United States, based in Vienna, OH. It received its IRS tax-exemption ruling in October 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Thunder Elite Fastpitch Inc reported income of $130k and spending of $142k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $130k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 104% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Thunder Elite Fastpitch Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include Youth N Motion Academy Incorporated ($130k), The Nolita Project Inc ($130k) and Empower 7 Inc ($130k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.
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.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Youth N Motion Academy Incorporated | Los Angeles | $130k |
| The Nolita Project Inc | Baltimore | $130k |
| Empower 7 Inc | Rockwall | $130k |
| True Youth Association | Jacksonville | $131k |