Tthi of New England Inc

Analysis

Tthi of New England Inc is a registered charity in United States, based in Leominster, MA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. 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, Tthi of New England Inc reported income of $531k and spending of $850k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $531k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 218% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tthi of New England Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Washington Heads of Office Leadership Council ($530k), Triangle Beagle Rescue of NC Inc ($531k) and Children First Inc ($530k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $46k (5.4% of expenses). Other salaries and wages came to $474k. At year end it held assets of $61k against liabilities of $1.4m, net assets of -$1.3m. It reported 3 employees.