Thi-14

Analysis

Thi-14 is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1997, 29 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 (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, Thi-14 reported income of $127k and spending of $117k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $121k to $127k (+4.8%), an average of +4.8% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Thi-14 sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include PHC 811 Inc ($127k), Shelter in Peace Inc ($127k) and Bristol Place Apartments ($126k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $449k against liabilities of $682k, net assets of -$233k.