Thrill Mill Inc

Analysis

Thrill Mill Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Thrill Mill Inc reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $826k to $1.2m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Thrill Mill Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Garfield Park Community Council ($1.2m), Cayuga County Convention and Visitors Bureau Inc ($1.2m) and South Sudanese Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $130k (10% of expenses). Other salaries and wages came to $242k. At year end it held assets of $2.7m against liabilities of $1.5m, net assets of $1.2m. It reported 5 employees.