Thrive Together Today Inc

Analysis

Thrive Together Today Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Thrive Together Today Inc reported income of $301k and spending of $300k, spending 100% of its income. Across the 6 years on record, from June 2019 to September 2023, income fell from $354k to $301k (-15%), an average of -3.2% a year. The sharpest change came in the year to September 2021, when income rose by 212%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thrive Together Today Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include ALS Angels Inc ($301k), Fideicomiso de Tierras Comunitarias Para LA Agricultura Sostenible ($301k) and International Council for Relief and Development ($301k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (20% of expenses). Other salaries and wages came to $105k. At year end it held assets of $77k against liabilities of $55k, net assets of $21k. It reported 4 employees.