Julia F Thompson Inc

Analysis

Julia F Thompson Inc is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Julia F Thompson Inc reported income of $261k and spending of $232k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $213k to $261k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Julia F Thompson Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Scholarchips Inc ($261k), Rutherford County Schools Education Foundation Inc ($261k) and National Council on Bible Curriculum in Public Schools ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $446k against liabilities of $0, net assets of $446k.