Three Square

Analysis

Three Square is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2024, Three Square reported income of $97.5m and spending of $102.6m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $116.1m to $97.5m (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Three Square sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within NV. Charities of a similar size with the same main cause include Central California Food Bank ($96.9m), Hasc Center Inc ($97.5m) and Charity Global Inc ($96.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $1.3m (1.2% of expenses). Other salaries and wages came to $6.3m. It paid $915k in professional fundraising fees. At year end it held assets of $178.9m against liabilities of $33.2m, net assets of $145.7m. It reported 178 employees.