Threesixty

Analysis

Threesixty is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Threesixty reported income of $388k and spending of $400k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $388k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Threesixty sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Jet-Jewish Education Team Inc ($388k), Rainbow Express Ministries ($388k) and Within Reach Omaha ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $57k (14% of expenses). Other salaries and wages came to $295k. At year end it held assets of $82k against liabilities of $1,398, net assets of $81k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.