Thriving

Analysis

Thriving is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Thriving reported income of $51k and spending of $17k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $204k to $51k (-75%), an average of -29% a year. The sharpest change came in the year to December 2023, when income rose by 541%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Thriving sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Missions Support Services Inc ($51k), Message of Hope Inc ($51k) and Chasdei Shalom Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $8,000. At year end it held assets of $114k against liabilities of $67k, net assets of $46k.