Think Through Academy

Analysis

Think Through Academy is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Think Through Academy reported income of $788k and spending of $833k, spending 106% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income grew from $274k to $788k (+187%), an average of +24% a year. The sharpest change came in the year to June 2019, when income rose by 243%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Think Through Academy sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include In Colorado Initiative for Inclusive Higher Education ($788k), Ohio Association for Career Technology Education Inc ($789k) and Teton Music School ($788k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $140k (17% of expenses). Other salaries and wages came to $136k. At year end it held assets of $409k against liabilities of $204k, net assets of $205k. It reported 14 employees.