Thumbs Up Inc

Analysis

Thumbs Up Inc is a registered charity in United States, based in Beaufort, SC. It received its IRS tax-exemption ruling in January 1996, 30 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Thumbs Up Inc reported income of $137k and spending of $158k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $69k to $137k (+97%), an average of +97% a year. The sharpest change came in the year to June 2024, when income rose by 97%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thumbs Up Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Cardome Renaissance Centre LLC ($137k), Plymouth Civic League Inc ($137k) and Falcon Band Boosters ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.