Thrive Cil

Analysis

Thrive Cil is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 December 2023, Thrive Cil reported income of $3.4m and spending of $2.7m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $3.4m (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thrive Cil sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Groundworks Collaborative Inc ($3.4m), Lutheran Community Services for the Aged Inc ($3.4m) and Michigan Education Council ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $311k (12% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.3m against liabilities of $599k, net assets of $1.7m. It reported 98 employees.