Arlington Thrive Inc

Analysis

Arlington Thrive Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in March 1977, 49 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 June 2023, Arlington Thrive Inc reported income of $8.6m and spending of $8.6m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.3m to $8.6m (+164%), an average of +38% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arlington Thrive Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Ingleside Homes Inc ($8.6m), Texas Neighborhood Services ($8.6m) and Martin Luther King Multi-Service Center Indianapolis Incorporated ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $158k (1.8% of expenses). Other salaries and wages came to $945k. At year end it held assets of $2.3m against liabilities of $380k, net assets of $1.9m. It reported 24 employees.