Activities Council of Thomson Inc

Analysis

Activities Council of Thomson Inc is a registered charity in United States, based in Thomson, GA. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 December 2023, Activities Council of Thomson Inc reported income of $87k and spending of $104k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $87k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Activities Council of Thomson Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include The Baltimore Watercolor Society Inc ($87k), Bloomfield Volunteer Ambulance Fund Inc ($87k) and Wadesboro Rotary Club Charitable Foundation Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.