Thrive Irc Inc

Analysis

Thrive Irc Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Irc Inc reported income of $2.6m and spending of $2.3m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $2.6m (+69%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thrive Irc Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Mary and Alexander Laughlin Childrens Center ($2.6m), Minnesota Association for Childrens Mental Health ($2.6m) and National Sleep Foundation ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $134k (6.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.6m against liabilities of $101k, net assets of $1.5m. It reported 30 employees.