Thi-4

Analysis

Thi-4 is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Thi-4 reported income of $146k and spending of $144k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $146k to $146k (+0.2%), an average of +0.2% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Thi-4 sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Providence Place II Inc ($146k), Prairie View Villas No 1 ($146k) and Nantucket Community Service II Inc ($146k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $241k against liabilities of $618k, net assets of -$377k.