Thorium Energy Alliance

Analysis

Thorium Energy Alliance is a registered charity in United States, based in Harvard, IL. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Thorium Energy Alliance reported income of $374k and spending of $288k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $38k to $374k (+878%), an average of +213% a year. The sharpest change came in the year to December 2022, when income rose by 834%. Over the whole period it spent 111% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Thorium Energy Alliance sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Tri-State Watershed Alliance Inc ($374k), Vermont Community Garden Network Inc ($374k) and Mud Creek Conservancy Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 24% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.