Thunder Fellows Foundation

Analysis

Thunder Fellows Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in January 2022, 4 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, Thunder Fellows Foundation reported income of $1.7m and spending of $202k, leaving 88% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $310k to $1.7m (+452%), an average of +135% a year. The sharpest change came in the year to December 2023, when income rose by 256%. Over the whole period it spent 24% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thunder Fellows Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OK. Charities of a similar size with the same main cause include Virginia Health Catalyst ($1.7m), Sally Kate Winters Family Services ($1.7m) and Friends of Dxe ($1.7m).

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 $2.0m against liabilities of $126k, net assets of $1.9m.