The Collective Thread

Analysis

The Collective Thread is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Collective Thread reported income of $441k and spending of $566k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $441k (+125%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 286%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Collective Thread sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include Dabar Tabernacle of Deliverance Inc ($441k), In the Midst Honduras ($441k) and Encounter Charlevoix ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $32k (5.7% of expenses). Other salaries and wages came to $279k. At year end it held assets of $341k against liabilities of $20k, net assets of $322k. It reported 24 employees.