Thinkfirst Foundation

Analysis

Thinkfirst Foundation is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 2023, Thinkfirst Foundation reported income of $443k and spending of $391k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $445k to $443k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 87% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Thinkfirst Foundation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Orrs and Bailey Islands Fire Department ($443k), Bozrah Volunteer Fire Company Inc ($444k) and Washington Volunteer Fire & Rescue Inc ($443k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $104k (27% of expenses). Other salaries and wages came to $142k. At year end it held assets of $468k against liabilities of $127k, net assets of $341k. It reported 7 employees.