Three3 Inc

Analysis

Three3 Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in June 2014, 12 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, Three3 Inc reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $714k to $1.5m (+115%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 431%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Three3 Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Rising Star Academy of NJ a NJ Nonprofit Corporation ($1.5m), Bethany Community School Foundation Inc ($1.5m) and Magdalene College Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $159k (12% of expenses). Other salaries and wages came to $219k. At year end it held assets of $271k against liabilities of $547k, net assets of -$276k. It reported 10 employees.