Thanksgiving Point Institute Inc

Analysis

Thanksgiving Point Institute Inc is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 February 2023, Thanksgiving Point Institute Inc reported income of $40.0m and spending of $31.2m, leaving 22% of income unspent that year. Across the 5 years on record, from February 2019 to February 2023, income grew from $33.4m to $40.0m (+19%), an average of +4.6% a year. The sharpest change came in the year to February 2022, when income rose by 117%. Over the whole period it spent 79% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Thanksgiving Point Institute Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within UT. Charities of a similar size with the same main cause include Puerto Rico Conservation Trust ($39.6m), American Conservation ($41.0m) and Wilderness Society ($39.2m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 38% and program service revenue 44% of the total. Other salaries and wages came to $12.6m. At year end it held assets of $92.4m against liabilities of $9.1m, net assets of $83.4m. It reported 1,006 employees.