Thread Inc
Baltimore, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $10,037,741↑119% | $7,431,317↑46% | $9,967,708↑37% | — |
| 2022 | $4,591,129↑31% | $5,103,597↑7% | $7,290,497↓24% | — |
| 2021 | $3,507,021↑11% | $4,786,622↓8% | $9,564,147↓16% | — |
| 2020 | $3,151,471↓61% | $5,188,211↑6% | $11,402,223↓11% | — |
| 2019 | $8,100,625↓21% | $4,915,952↑32% | $12,776,526↑33% | — |
| 2018 | $10,316,746↑311% | $3,736,581↑73% | $9,575,127↑235% | — |
| 2017 | $2,510,954↑23% | $2,162,338↑38% | $2,855,881↑14% | — |
| 2016 | $2,042,133↓6% | $1,562,272↑48% | $2,499,190↑30% | — |
| 2015 | $2,167,445↑208% | $1,054,200↑59% | $1,924,200↑129% | — |
| 2014 | $704,156↑31% | $661,805↑21% | $838,567↑10% | — |
| 2013 | $537,752↓31% | $546,971↑39% | $763,137↓2% | — |
| 2012 | $778,805↑298% | $392,830↑167% | $780,454↑267% | — |
| 2011 | $195,706 | $146,957 | $212,816 | — |
Frequently Asked Questions
What does Thread Inc do?▼
Thread Inc is a youth development nonprofit organization based in Maryland. It is classified under NTEE code O99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Thread Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Thread Inc has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Thread Inc generate?▼
Thread Inc reports $8.2M in annual revenue and holds $14.6M in total assets, based on IRS filings.
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