Threshold Inc

Analysis

Threshold Inc is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in October 1969, 57 years ago. 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, Threshold Inc reported income of $5.4m and spending of $5.2m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $5.4m (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Threshold Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Los Angeles Center for Law and Justice ($5.4m), Jackson Hole Historical Society and Museum ($5.4m) and Boys and Girls Clubs of the Emerald Coast Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $126k (2.4% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $17.7m against liabilities of $460k, net assets of $17.3m. It reported 159 employees.