Thrive Networks Global

Analysis

Thrive Networks Global is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Networks Global reported income of $1.9m and spending of $1.9m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.9m (-5.1%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 118% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Thrive Networks Global sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Villages in Partnership Inc ($1.9m), Foundation for Human Rights in Cuba Inc ($1.9m) and Youth with a Mission Costa Rica ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $132k (7.0% of expenses). Other salaries and wages came to $434k. At year end it held assets of $1.6m against liabilities of $356k, net assets of $1.3m. It reported 3 employees.