Thr3j Corp

Analysis

Thr3j Corp is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Thr3j Corp reported income of $171k and spending of $190k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $171k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thr3j Corp sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Tyrone Youth Athletic Association ($171k), Manta Ray Aquatics Inc ($171k) and Swimchester Sailfish Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9,894 against liabilities of $23k, net assets of -$13k.