Think Together
Think Together reported $235.2 million in revenue and $232.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.00 went to program services, $12.56 to management and general costs and $0.44 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.5% of the total. The highest compensation it reported for one person was $796,875 (CEO & FOUNDER). 113 people received more than $100,000 in reportable compensation. Revenue rose 255% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $233MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $235MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.32 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $796,875 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.34% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 113 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 19 of 20 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThink Together provides two kinds of services: direct services to students afterschool and on non-school days (spring break and summer) and early learning for 0-5 year olds. Think Together also provides systems solutions for k-12 public school districts including: staffing, data-driven school improvement and leadership training and coaching. Think Together provides these services across 51 school districts and 17 charter school organizations and serves more than 210,000 students
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO & FOUNDER Director/trustee, officer, 40.00 hrs/week | $693,064 | $0 | $103,811 | $796,875 |
| COO Officer, 40.00 hrs/week | $445,428 | $0 | $64,572 | $510,000 |
| CHIEF OF GROWTH STRATEGY Key employee, 40.00 hrs/week | $337,500 | $0 | $45,000 | $382,500 |
| CHIEF DIGITAL OFFICER Key employee, 40.00 hrs/week | $367,499 | $0 | $11,668 | $379,167 |
| CFO Officer, 40.00 hrs/week | $335,115 | $0 | $2,385 | $337,500 |
| CHIEF OF STAFF Highest compensated employee, 40.00 hrs/week | $326,410 | $0 | $0 | $326,410 |
| CHIEF PEOPLE OFFICER Key employee, 40.00 hrs/week | $279,990 | $0 | $3,258 | $283,248 |
| DEPUTY CHIEF OF PROGRAM & Key employee, 40.00 hrs/week | $276,478 | $0 | $4,985 | $281,463 |
113 people received more than $100,000 in reportable compensation from Think Together (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b20 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5Yes
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 59,266
- Volunteers Part I, line 6105
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| AVELAR LA SALLE PROFESSIONAL STAFFING Educational consultants | $8,285,329 |
| ARTS & LEARNING CORPORATION Music/STEM program services | $2,793,302 |
| ADP Payroll processing | $970,906 |
| THE BRIDGESPAN GROUP INC Management consultants | $643,298 |
Individuals listed as contractors are left out. 35 contractors were paid more than $100,000 in all.
Private foundation grants it received
17 private foundations reported grants to Think Together totaling $699K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Think Together's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Think Together, you can publish a response that is linked from this page.
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Of every $100 Think Together spent in FY2025, $87.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Reed InstitutePortland, OR · revenue $235M · programs 91.1% · FY2025
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- Rose-Hulman Institute of TechnologyTerre Haute, IN · revenue $234M · programs 88.4% · FY2025
- Trustees of Clark UniversityWorcester, MA · revenue $236M · programs 92.1% · FY2025
- Meharry Medical CollegeNashville, TN · revenue $234M · programs 91.5% · FY2025
Questions people ask
How much of Think Together's spending goes to programs?
In the fiscal year ending June 30, 2025, Think Together reported that 87.0% of its $232.6 million in expenses went to program services, 12.6% to management and general and 0.4% to fundraising (Form 990, Part IX).
How much does Think Together pay its top executive?
The largest total compensation Think Together reported for one person in the fiscal year ending June 30, 2025 was $796,875, for the role of CEO & FOUNDER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Think Together get its money?
Of $235.2 million in revenue in the fiscal year ending June 30, 2025, 1.3% came from contributions and grants and 98.5% from program service revenue (Form 990, Part VIII).
Is Think Together a registered charity?
The IRS lists EIN 33-0781751 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641329349300749 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531149349300443 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349312097 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331219349302813 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240979349301569 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111339349305661 · read the filing
All filings for EIN 33-0781751: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.