Think First of Ark-La-Tex Inc

Analysis

Think First of Ark-La-Tex Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in April 1997, 29 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, Think First of Ark-La-Tex Inc reported income of $213k and spending of $187k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $165k to $213k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Think First of Ark-La-Tex 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 55th percentile, and in the 54th percentile within LA. Charities of a similar size with the same main cause include Cause for Pawz Inc ($213k), Malibu Agricultural Projects Cornucopia Farms ($213k) and Kareema Care ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. Compensation of current officers, directors and key employees was $50k (27% of expenses). At year end it held assets of $376k against liabilities of $6,139, net assets of $370k. It reported 3 employees.