Thi-10

Analysis

Thi-10 is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Thi-10 reported income of $96k and spending of $83k, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $96k to $96k (+0.2%), an average of +0.2% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Thi-10 sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul Holy Spirit Conference ($96k), Thi-5 ($96k) and Red Rabbit Enterprises ($96k).

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 $359k against liabilities of $467k, net assets of -$108k.