Therayouth Foundation

Analysis

Therayouth Foundation is a registered charity in United States, based in Basking Ridge, NJ. It received its IRS tax-exemption ruling in November 2021, 5 years ago. 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, Therayouth Foundation reported income of $99k and spending of $98k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $99k (+228%), an average of +228% a year. The sharpest change came in the year to December 2023, when income rose by 228%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Therayouth Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Inscape Center for Personal Vocation ($99k), Bright Hope Preschool ($99k) and All Saints Episcopal School of Lubbock Parents Group ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.