Thrivent Charitable Impact & Investing

Analysis

Thrivent Charitable Impact & Investing is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Thrivent Charitable Impact & Investing reported income of $114.8m and spending of $89.4m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $81.8m to $114.8m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 51% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Thrivent Charitable Impact & Investing sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Austin Community Foundation ($114.7m), Minneapolis Foundation ($115.3m) and Saint Paul & Minnesota Foundation ($114.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $710k (0.8% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $801.7m against liabilities of $129.3m, net assets of $672.4m. It reported 1 employees.