Think Big Foundation of Missouri Inc

Analysis

Think Big Foundation of Missouri Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Think Big Foundation of Missouri Inc reported income of $599k and spending of $594k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $238k to $599k (+151%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Think Big Foundation of Missouri Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within MO. Charities of a similar size with the same main cause include Achieva Resources Corporation Inc ($599k), Fillmore County Developmental Achievement Center ($599k) and California Service Dog Academy ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% of the total. Compensation of current officers, directors and key employees was $19k (3.2% of expenses). Other salaries and wages came to $115k. At year end it held assets of $362k against liabilities of $182k, net assets of $179k.