Thrivewell Cancer Foundation

Analysis

Thrivewell Cancer Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Thrivewell Cancer Foundation reported income of $1.8m and spending of $2.6m, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.8m (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 297%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thrivewell Cancer Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Advice & Aid Pregnancy Centers Inc ($1.8m), Castle Ridge Behavioral Health Corp ($1.8m) and The Healthier United Fund ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $126k (4.8% of expenses). Other salaries and wages came to $248k. At year end it held assets of $1.5m against liabilities of $104k, net assets of $1.4m.