Strive Initiative Inc

Analysis

Strive Initiative Inc is a registered charity in United States, based in Pottstown, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Strive Initiative Inc reported income of $198k and spending of $244k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $198k (+5.2%), an average of +5.2% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Strive Initiative Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Paralyzed Veterans of America Puerto Rico Chapter ($198k), PTA California Congress of Parents Teachers & Students Inc ($198k) and Little League Baseball Inc ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. At year end it held assets of $81k against liabilities of $70, net assets of $80k.