Thrive Lemon Grove

Analysis

Thrive Lemon Grove is a registered charity in United States, based in Lemon Grove, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thrive Lemon Grove reported income of $98k and spending of $78k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $98k (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Thrive Lemon Grove sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Strippers United Inc ($98k), Osceola Mainstreet Program Inc ($98k) and Hickory Hill Community Redevelopment Corporation ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 3.7% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.