Thornton Creek Parent Group

Analysis

Thornton Creek Parent Group is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1981, 45 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 July 2023, Thornton Creek Parent Group reported income of $320k and spending of $143k, leaving 56% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $261k to $320k (+23%), an average of +5.3% a year. The sharpest change came in the year to July 2023, when income rose by 224%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thornton Creek Parent Group sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Carroll High-Carroll Senior High School PTO ($320k), Masconomet Regional Scholarship ($320k) and Cohesion Central Inc ($320k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $342k against liabilities of $0, net assets of $342k.