Thundercats Athletics Inc

Analysis

Thundercats Athletics Inc is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in March 2024, 2 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 (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, Thundercats Athletics Inc reported income of $67k and spending of $21k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $67k (+103%), an average of +103% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 36% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thundercats Athletics Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Carroll Rod & Gun Club Inc of Frewsburg New York ($67k), Greatwood Swimming Inc ($67k) and Kwahamot Water Ski Club Inc ($67k).

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 $64k against liabilities of $0, net assets of $64k.