Thsba

Analysis

Thsba is a registered charity in United States, based in Hawkins, TX. It received its IRS tax-exemption ruling in July 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Thsba reported income of $929k and spending of $975k, spending 105% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $793k to $929k (+17%), an average of +4.0% a year. The sharpest change came in the year to August 2022, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Thsba sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Legacy Institute for Financial Empowerment ($927k), South Dakota Golf Association Junior Golf Foundation ($932k) and Anthony Wayne Youth Foundation ($927k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $214k (22% of expenses). At year end it held assets of $840k against liabilities of $103k, net assets of $737k. It reported 2 employees.