I Think Community Foundation Inc
Analysis
I Think Community Foundation Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in October 2016, 10 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 2023, I Think Community Foundation Inc reported income of $122k and spending of $94k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $122k (+41%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, I Think Community Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($122k), Roots of Inclusion ($122k) and Indian River High School Band Boosters ($122k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Parent Booster USA Inc | Williamsburg | $122k |
| Roots of Inclusion | Redmond | $122k |
| Indian River High School Band Boosters | Dagsboro | $122k |
| Laurel Park Community Boosters Club Inc | Martinsville | $122k |