Thoroughfare Representative Services Incorporated

Analysis

Thoroughfare Representative Services Incorporated is a registered charity in United States, based in Red Wing, MN. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thoroughfare Representative Services Incorporated reported income of $272k and spending of $276k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $195k to $272k (+39%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thoroughfare Representative Services Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Crisis Consulting International ($272k), Kindred Employee Assistance Fund Inc ($272k) and Oregon Farmers Markets Association ($272k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $110k (40% of expenses). Other salaries and wages came to $113k. At year end it held assets of $22k against liabilities of $0, net assets of $22k. It reported 6 employees.