Thankful Thursday

Analysis

Thankful Thursday is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in May 2021, 5 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, Thankful Thursday reported income of $222k and spending of $222k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $86k to $222k (+160%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 146%. 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, Thankful Thursday sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WY. Charities of a similar size with the same main cause include Red Shoes Inc ($222k), Johnson County Learning Center Inc ($222k) and Debs Daycare NFP ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.