Thinkself Inc

Analysis

Thinkself Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2017, 9 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 June 2023, Thinkself Inc reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $920k to $1.1m (+17%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thinkself Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Urban Link Inc ($1.1m), Classical Christian Academy Inc ($1.1m) and Hca Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $86k (8.6% of expenses). Other salaries and wages came to $528k. At year end it held assets of $167k against liabilities of $77k, net assets of $90k. It reported 13 employees.