Three Inc

Analysis

Three Inc is a registered charity in United States, based in Gray, TN. It received its IRS tax-exemption ruling in September 1992, 34 years ago. 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 June 2024, Three Inc reported income of $60k and spending of $85k, spending 141% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $60k to $60k (+1.0%), an average of +1.0% a year. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Three Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within TN. Charities of a similar size with the same main cause include New Hope Outreach Center ($60k), Trout Unlimited ($60k) and PTA Delaware Congress ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. At year end it held assets of $222k against liabilities of $184k, net assets of $38k.