Thrive Center

Analysis

Thrive Center is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2022, Thrive Center reported income of $102k and spending of $86k, spending 85% of its income. Across the 4 years on record, from September 2019 to September 2022, income fell from $328k to $102k (-69%), an average of -32% a year. The sharpest change came in the year to September 2022, when income dropped by 69%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thrive Center sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include Virginia Coalition for the Prevention of Elder Abuse Inc ($102k), Nampa Farmers Market ($102k) and Erin Andra Wilson Foundation ($102k).

On its Form 990-EZ for the period ending September 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $50k, net assets of $80k.