Thompson R2-J Education Foundation

Analysis

Thompson R2-J Education Foundation is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Thompson R2-J Education Foundation reported income of $867k and spending of $752k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $719k to $867k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thompson R2-J Education Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Musicians United to Serve the Youth of Charlottesville ($866k), Friends of Marquez ($867k) and Amhe Incorporated ($866k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 1.3% of the total. At year end it held assets of $1.6m against liabilities of $30k, net assets of $1.6m.