Think Equal USA Inc

Analysis

Think Equal USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 May 2024, Think Equal USA Inc reported income of $1.7m and spending of $1.9m, spending 111% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $360k to $1.7m (+367%), an average of +47% a year. The sharpest change came in the year to May 2023, when income rose by 224%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Think Equal USA Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Life Skills for Youth ($1.7m), Texprotects-The Texas Association for the Protection of Children ($1.7m) and CRHS Sacramento Work Study Inc ($1.7m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 92% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $224k (12% of expenses). Other salaries and wages came to $128k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.