Thompson Child & Family Focus

Analysis

Thompson Child & Family Focus is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in January 1944, 82 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 2023, Thompson Child & Family Focus reported income of $39.3m and spending of $36.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.7m to $39.3m (+122%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thompson Child & Family Focus sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NC. Charities of a similar size with the same main cause include Cenikor Foundation ($39.2m), Big Springs Medical Association ($39.3m) and Goodwill Industries Big Bend Inc ($39.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $811k (2.2% of expenses). Other salaries and wages came to $16.9m. At year end it held assets of $76.1m against liabilities of $10.9m, net assets of $65.2m. It reported 612 employees.