CSCharityScored
44

Thread Capital

Community Development · Raleigh, North Carolina

4021 Carya Dr, Raleigh, NC 27610-2914

EIN: 831284532· Founded: May 2019· 7 years active· Filing Year: 2023

Annual Revenue

$3.0M

Total Expenses

$2.5M

Total Assets

$11.4M

Program Spending

5%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$143K

5.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$866K

Total Payroll

$1.0M

40% of total expenses

Where the Money Goes

5%
Programs: 5%
Payroll: 40%
Other overhead: 95%
Program Revenue$118K (4%)
Total Expenses$2.5M (82%)
Payroll$1.0M (40%)
Overhead (non-program)95%

Trust Score Breakdown

Program Spending Ratio

5% of expenses go to programs

40%

Revenue & Stability

$3.0M annual revenue

15%

Executive Compensation

$143K total officer comp (5.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$11.4M in assets

10%

Similar Community Development Nonprofits in North Carolina

Association Of International Certified Professional Accountants

Durham · $223.0M

90

The United Methodist Retirement Homes Inc

Durham · $95.0M

90
Compare these organizations →
View on ProPublica →View on GuideStar →More in North Carolina →

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.