City Thread
We work to connect people and communities. We identify the right mix of partners, resources, strategy, and accountability to help local leaders think broadly about their projects and outcomes.
City Thread at a glance
In short: City Thread reported $65K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $64,759 — reported as a total on the IRS filing, without an itemized list
- +62.7% vs 2024
- Total assets
- $1,543,265
- +7.2% vs 2024
- Revenue (2025)
- $2,034,549
- -16.4% vs 2024
- Net investment income (2025)
- $6,579
- -20.1% vs 2024
- Expenses (2025)
- $1,998,158
- +33.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to City Thread
Open Grants
2 open opportunities from City Thread
Who City Thread funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $6K (2023) to $65K (2025). In 2025 it reported $65K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Accomplis Collective New York, NY | Mission Support | $5,711 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,543,265 | $2,034,549 | $1,998,158 | $64,759 | Total only | $6,579 |
| 2024 | $1,439,100 | $2,432,416 | $1,497,413 | $39,798 | Total only | $8,230 |
| 2023 | $584,290 | $1,228,221 | $1,087,026 | $5,711 | 1 | $5,729 |
| 2022 | $374,345 | $677,547 | $316,252 | — | — | $562 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About City Thread
Based on IRS filings
City Thread is a public charity focused on Community Improvement & Capacity Building, based in Denver, CO. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it reported $65K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $7K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
City Thread is led by Patrick Hendricks, President on every filing since 2022; all 7 officers listed in 2025 are compensated.
Officers on the 2025 filing
Patrick Hendricks
President
On filings since 2022
0.8 hrs/week
$500 (2022) → $2K (2025)
Abby Miller
Board Member
On filings since 2022
0.8 hrs/week
$500 (2022) → $2K (2025)
Kyle Wagenschutz
CFO & Partner
On filings since 2022
40 hrs/week
$83K (2022) → $134K (2025)
Sara Studdard
Partner
On filings since 2022
40 hrs/week
$83K (2022) → $134K (2025)
Yendra Ruiz Tencza
Treasurer
On filings since 2022
0.8 hrs/week
$500 (2022) → $2K (2025)
Zoe Kircos
Secretary
On filings since 2022
40 hrs/week
$70K (2022) → $134K (2025)
Dan Favre
Board Member
New on the 2025 filing
0.8 hrs/week
$250 (2025)
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $134K, to ZOE Kircos (Secretary/Pa). 7 officers or directors reported compensation on that filing.
Frequently asked questions about City Thread
How much does City Thread give each year?
City Thread reported $65K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $40K in grants paid.
How large is City Thread?
City Thread reported $1.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.0M.
What is City Thread?
City Thread is a public charity focused on Community Improvement & Capacity Building, based in Denver, CO. It holds $1.5M in total assets as of 2025.
Where does City Thread operate?
City Thread has awarded grants in New York.
What is City Thread's EIN?
City Thread's EIN (Employer Identification Number) is 88-0867975. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS June 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS June 30, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 13, 2026)
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in City Thread's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from City Thread's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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