Thoughts & Gifts Project

Analysis

Thoughts & Gifts Project is a registered charity in United States, based in Monmouth, OR. It received its IRS tax-exemption ruling in February 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 (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, Thoughts & Gifts Project reported income of $116k and spending of $105k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $116k (-9.4%), an average of -9.4% a year. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thoughts & Gifts Project sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within OR. Charities of a similar size with the same main cause include Culikid Inc ($116k), Pacific Northwest Hospice Foundation ($116k) and Fiesta de Pueblo Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.