Thai Village Inc

Analysis

Thai Village Inc is a registered charity in United States, based in Deerfield, WI. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Thai Village Inc reported income of $513k and spending of $501k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $99k to $513k (+420%), an average of +51% a year. The sharpest change came in the year to June 2022, when income rose by 211%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Thai Village Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Ohio Recreation and Education Foundation Inc ($513k), Planning Office of Urban Affairs Foundation Inc ($513k) and Korean Gospel Broadcasting Network ($513k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $24k (4.8% of expenses). At year end it held assets of $398k against liabilities of $0, net assets of $398k.