Springfield Thunderbirds Foundation Inc

Analysis

Springfield Thunderbirds Foundation Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in May 2018, 8 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 June 2023, Springfield Thunderbirds Foundation Inc reported income of $105k and spending of $138k, spending 132% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $120k to $105k (-13%), an average of -13% a year. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Springfield Thunderbirds Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Hopenow ($105k), Temecula Valley Central Service Office ($105k) and Emily Ann Griffin Foundation ($105k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.