Thousand Cranes Foundation

Analysis

Thousand Cranes Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2017, 9 years ago. 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, Thousand Cranes Foundation reported income of $88k and spending of $49k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $88k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thousand Cranes Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Bend Waves WPC Inc ($88k), PTA California Congress of Parents Teachers & Students Inc ($88k) and Karens Hope Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.