Charity Search / THOMAS FRANK THATCHER FOUNDATION
Philanthropy & Grantmaking (T20) 990 on File

THOMAS FRANK THATCHER FOUNDATION

EIN: 46-4013288 · SALT LAKE CTY, UT 84103-4281 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 90/100
Reliability (20%) 50/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$110K
Total Revenue
$195K
Total Expenses
$489K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.2%
Fundraising Efficiency N/A
Operating Reserve 30.06x
Liability-to-Asset 3.2%
Revenue Diversification 82.5%
Compared with Peers
FY 2024
Compared with 16,645 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.2% 90.2%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
30.1 mo 95.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
3.2% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
82.5% 90.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
18.0% 18.5%
P10P90
Expense growth
Year over year expense growth
-39.2% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
-77.9% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $110K $195K $489K 89.2% —
2023 $93K $321K $574K 94.3% —
2022 $55K $109K $802K 79.1% —
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Organization Details
EIN
46-4013288
State
UT
City
SALT LAKE CTY
ZIP
84103-4281
Classification
T20
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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