Binding Thread Inc.
4455 Epworth Rd, Newburgh, IN 47630
Newburgh, Indiana, United States
Address
City: Newburgh
State: Indiana
Postal Code: 47630
Country: United States
Business facts
Estimated annual revenue~$58.8K
Estimated employees~1
In business since2019
Estimate based on strong signals
Contacts
Area statistics (47630)
Population38,772
Median household income$97,764
Source: US Census ACS
About
Binding Thread Inc. is a 501c3 organization dedicated to providing basic necessities to orphans in Myanmar and around the world. With a deep love and passion for these children, the organization ensures a regular and consistent distribution of resources to meet their needs.
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Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Non-Profit Organization).
EstimateCategory trend: 2024, +8.1%
Revenue trend (modeled)
~$33.5K2019
~$36.1K2020
~$38.5K2021
~$43.0K2022
~$50.0K2023
~$58.8K2024
Modeled from official industry statistics+11.9%/yr since 201980% confidence band: ±51%
Property
Lot size3.60 acres
Land use685
CountyWarrick
On this lotshared with 2 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Non-Profit Organization in Indiana | 3,478 | ~$4.5B | ~$1.3M | ~$528.2K | 4.6★ | 0.1× |
Category revenue trend2024: +8.1%2023: +11.6%2022: +16.5%2021: +6.3%Modeled from business-level estimates
Chain pressure36 chains expanding in this category, led by Iara, American Legion, Tell City Lodge #623 (+790 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 550 | ~$2.7B | ~$4.9M | ~$2.3M | 11,488 | ~$2.0B | 0.0× |
| Human health and social work activities | 510 | ~$2.6B | ~$5.2M | — | 10,926 | — | — |
| Other service activities | 3 | ~$28.2M | ~$9.4M | — | 108 | — | — |
Estimate
Area conditions (47630)
Population38,772 ±507
Median household income$97,764 ±$6,659
Median home value$242,100
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS