Thunder Trust

Analysis

Thunder Trust is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Trust reported income of $387k and spending of $298k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $387k (+585%), an average of +585% a year. The sharpest change came in the year to December 2023, when income rose by 585%. Over the whole period it spent 76% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Thunder Trust sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WV. Charities of a similar size with the same main cause include Rise Up Reno Prevention Network ($387k), Kirbys Children Services ($387k) and The Historic St Johns County Police Athletic League Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.