TH Inc

Analysis

TH Inc is a registered charity in United States, based in Shell Lake, WI. It received its IRS tax-exemption ruling in April 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TH Inc reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.7m (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, TH 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 WI. Charities of a similar size with the same main cause include Connect Senior Services Inc ($1.7m), Wyoming Non-Profit Housing Corporation ($1.7m) and Lutheran Housing Development Fund Corporation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Other salaries and wages came to $999k. At year end it held assets of $1.9m against liabilities of $2.4m, net assets of -$556k. It reported 45 employees.