Thinkgive Inc

Analysis

Thinkgive Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2024, Thinkgive Inc reported income of $499k and spending of $396k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $202k to $499k (+147%), an average of +57% a year. The sharpest change came in the year to June 2024, when income rose by 92%. Over the whole period it spent 77% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Thinkgive Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Ivy Child International Inc ($498k), Fba Academy ($499k) and Ynot Outdoors Inc ($498k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $153k. At year end it held assets of $379k against liabilities of $36k, net assets of $343k. It reported 6 employees.