Thunder Community Foundation

Analysis

Thunder Community Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Thunder Community Foundation reported income of $129k and spending of $209k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $417k to $129k (-69%), an average of -25% a year. The sharpest change came in the year to December 2022, when income rose by 2918%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thunder Community Foundation sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OK. Charities of a similar size with the same main cause include Augustinian Defenders of the Rights of the Poor ($129k), Illinois Hospice & Palliative Care Organization ($129k) and Arms Around Bainbridge Association ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $1.3m against liabilities of $18, net assets of $1.3m.