THS One

Analysis

THS One is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, THS One reported income of $58k and spending of $43k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $58k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, THS One sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Strongwhenweak ($58k), Rockin on the River Fundraiser ($58k) and Christian Missionary Educators Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $370k against liabilities of $666k, net assets of -$297k.