Thorn Productions

Analysis

Thorn Productions is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in April 2024, 2 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, Thorn Productions reported income of $156k and spending of $4,274, leaving 97% of income unspent that year. Across the 6 years on record, from December 2017 to December 2023, income fell from $736k to $156k (-79%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Thorn Productions sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include Iglesia Elim Dover NJ Nonprofit Inc ($156k), Aleph Champ Inc ($156k) and Storyline Community ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.3% of the total. At year end it held assets of $179k against liabilities of $232k, net assets of -$53k.