Thru Project
Analysis
Thru Project is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2023, Thru Project reported income of $2.0m and spending of $1.3m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $2.0m (+398%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 78% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Thru Project sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include P4l ($1.9m), Johnny Mac Tennis Project Inc ($2.0m) and Boys and Girls Club of Burlington Inc ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $106k (8.0% of expenses). Other salaries and wages came to $427k. At year end it held assets of $1.7m against liabilities of $246k, net assets of $1.5m. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 7.7%
- Other 7.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| P4l | Houston | $1.9m |
| Johnny Mac Tennis Project Inc | New York | $2.0m |
| Boys and Girls Club of Burlington Inc | Burlington | $1.9m |
| Nebraska Future Farmers of America Foundation | Lincoln | $2.0m |