THDF II Inc

Analysis

THDF II Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 January 2024, THDF II Inc reported income of $122.4m and spending of $99.3m, spending 81% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $94.2m to $122.4m (+30%), an average of +6.8% a year. The sharpest change came in the year to January 2024, when income rose by 20%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, THDF II Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Heart Share Human Services of New York ($120.9m), The Young Mens Christian Association of Greater Seattle ($123.2m) and The Neighborhood House Assn ($120.4m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $527k (0.5% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $238.8m against liabilities of $57.7m, net assets of $181.1m. It reported 42 employees.