Thurston Woods Village Inc

Analysis

Thurston Woods Village Inc is a registered charity in United States, based in Sturgis, MI. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2023, Thurston Woods Village Inc reported income of $11.4m and spending of $10.9m, spending 96% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $11.8m to $11.4m (-3.1%), an average of -1.1% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thurston Woods Village Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Vip Community Mental Health Center Inc ($11.4m), Providence Care Center ($11.4m) and Willowood of North Adams Inc ($11.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 2.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $279k (2.5% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $19.1m against liabilities of $12.0m, net assets of $7.0m. It reported 276 employees.