Thankful Ones

Analysis

Thankful Ones is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Thankful Ones reported income of $75k and spending of $39k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $75k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thankful Ones sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Project Hope for the Children Inc ($75k), Little Star Day Care Inc ($75k) and Sadaqah 4 You ($75k).

At year end it held assets of $200k against liabilities of $0, net assets of $200k.