T H E O Inc

Analysis

T H E O Inc is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, T H E O Inc reported income of $204k and spending of $229k, spending 113% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $159k to $204k (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, T H E O Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 48th percentile within ND. Charities of a similar size with the same main cause include Women Walking West LLC ($204k), West Marshall Community Schools Association ($204k) and Burbank Youth Vocal Arts Foundation ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $54k (24% of expenses). Other salaries and wages came to $88k. At year end it held assets of $14k against liabilities of $4,225, net assets of $9,526. It reported 17 employees.