Therapy Resource Group

Analysis

Therapy Resource Group is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Therapy Resource Group reported income of $432k and spending of $406k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $325k to $432k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Therapy Resource Group sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Fillmore Community Auction ($432k), Jackson Heart Foundation ($432k) and Carrollton Public Library ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 86% of the total. Other salaries and wages came to $240k. At year end it held assets of $0 against liabilities of $0, net assets of $0.