Threshold Inc

Analysis

Threshold Inc is a registered charity in United States, based in Greensburg, PA. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Threshold Inc reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $1.9m (+2.0%), an average of +0.5% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Threshold Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Nevada Childhood Cancer Foundation ($1.9m), Choices Medical Services PC ($1.9m) and Loyola Medicine Transport LLC ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $942k. At year end it held assets of $1.1m against liabilities of $490k, net assets of $608k. It reported 34 employees.