Thinking Project Institute

Analysis

Thinking Project Institute is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Thinking Project Institute reported income of $221k and spending of $200k, spending 91% of its income. Across the 4 years on record, from July 2020 to July 2023, income fell from $242k to $221k (-8.6%), an average of -3.0% a year. The sharpest change came in the year to July 2022, when income rose by 26%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thinking Project Institute sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Kentucky Alliance Training Consortium ($221k), Foundation for the Central Dauphin Schools ($221k) and DFW Chinese Youth Camp ($221k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $135k (68% of expenses). At year end it held assets of $64k against liabilities of $4,860, net assets of $59k. It reported 4 employees.