Shane Thurston Foundation Inc

Analysis

Shane Thurston Foundation Inc is a registered charity in United States, based in Thornton, CO. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Shane Thurston Foundation Inc reported income of $236k and spending of $150k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $217k to $236k (+8.7%), an average of +8.7% a year. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shane Thurston Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include JT Mestdagh Foundation ($236k), Theater Collaborative of South Jersey ($236k) and Rhea County United Way ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% of the total. At year end it held assets of $338k against liabilities of $5,940, net assets of $332k.