Thorson Foundation

Organization Overview

Thorson Foundation is located in Po Box Chi, IL. The organization was established in 1957. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thorson Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Thorson Foundation generated $200.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $190.8k during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $72,461
Net Rental Income$0
Net Gain on Sale of Assets $128,427
Capital Gain Net Income $128,427
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $7
Total Revenue $200,895

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