Thayer Family Foundation

Analysis

Thayer Family Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2020, 6 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, Thayer Family Foundation reported income of $72k and spending of $48k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $600k to $72k (-88%), an average of -41% a year. The sharpest change came in the year to December 2021, when income rose by 6907%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Thayer Family Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OR. Charities of a similar size with the same main cause include Glenbrook High School Foundation ($72k), Knights Trust Inc ($72k) and Area Committees Association Inc ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $724k against liabilities of $0, net assets of $724k.