Thread Capital Inc

Community development organization based in Raleigh, NC.0 Exempt under §501(c)(3).

MissionTHREAD CAPITAL BELIEVES EVERYONE DESERVES THE CHANCE TO BE SUCCESSFUL. WE GIVE PEOPLE THE TOOLS THEY NEED TO PURSUE THEIR SMALL-BUSINESS DREAMS, AND CREATE A BETTER TOMORROW FOR THEMSELVES, THEIR FAMILIES, AND THEIR COMMUNITIES.

Financial snapshot · TY 2024

$1.6M
Total revenue
$4.5M
Total expenses
$11.7M
Net assets

Financial health · TY 2024

63
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
39
7.1 months of expenses
Program efficiency
100
94.2% spent on programs
Revenue diversity
37
Mix of program fees, grants & contributions

Leadership compensation

Jonathan Brereton
EXECUTIVE DIRECTOR (TO AUG '23)
$237,735
89th percentile vs. peers

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Thread Capital Inc Executive Compensation | 990 Data | DoubleNine