Threshold Foundation Inc

Analysis

Threshold Foundation Inc is a registered charity in United States, based in West Bend, WI. It received its IRS tax-exemption ruling in March 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Threshold Foundation Inc reported income of $322k and spending of $212k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $322k (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 697%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Threshold Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Link Houston ($322k), American Legion Boys State of Virginia Inc ($322k) and Kansas School for the Deaf Endowment Association ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m.