The Thorpe Inc

Analysis

The Thorpe Inc is a registered charity in United States, based in David City, NE. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, The Thorpe Inc reported income of $71k and spending of $47k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $71k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Thorpe Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NE. Charities of a similar size with the same main cause include Bridge of Books Foundation Inc ($71k), Abbey Players Inc ($71k) and North Shore Dance & Theater Ltd ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.