Think Great Foundation

Analysis

Think Great Foundation is a registered charity in United States, based in Prior Lake, MN. It received its IRS tax-exemption ruling in September 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, Think Great Foundation reported income of $135k and spending of $104k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $135k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Think Great Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Divine Dignity Inc ($135k), Millersville Area Meals on Wheels ($135k) and Parentis Health Foundation ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.