Thoreau Community Center

Analysis

Thoreau Community Center is a registered charity in United States, based in Thoreau, NM. It received its IRS tax-exemption ruling in April 2011, 15 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 December 2022, Thoreau Community Center reported income of $365k and spending of $347k, spending 95% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $205k to $365k (+78%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thoreau Community Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NM. Charities of a similar size with the same main cause include Ann-Hua Chinese School ($364k), Lebanon High School Athletic Boosters Association ($365k) and Santa Barbara High School Alumni Association ($364k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (16% of expenses). Other salaries and wages came to $51k. At year end it held assets of $55k against liabilities of $0, net assets of $55k. It reported 8 employees.