Thensted Center

Analysis

Thensted Center is a registered charity in United States, based in Grand Coteau, LA. It received its IRS tax-exemption ruling in September 1981, 45 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 December 2023, Thensted Center reported income of $168k and spending of $200k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $168k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 116%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thensted Center sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within LA. Charities of a similar size with the same main cause include Richi Childhood Cancer Foundation ($168k), Project Hope Inc ($168k) and Citizens for a Better Grand Bay ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $39k (20% of expenses). Other salaries and wages came to $16k. At year end it held assets of $179k against liabilities of $1,468, net assets of $178k. It reported 3 employees.