Thrive Developmental Partners of Arkansas Inc

Analysis

Thrive Developmental Partners of Arkansas Inc is a registered charity in United States, based in Portia, AR. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Thrive Developmental Partners of Arkansas Inc reported income of $3.0m and spending of $2.8m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $3.0m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thrive Developmental Partners of Arkansas Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within AR. Charities of a similar size with the same main cause include Shepherd Academics Inc ($3.0m), Friends Without a Border ($3.0m) and Communities in Schools of Pennsylvania Inc ($3.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $69k (2.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.1m against liabilities of $68k, net assets of $3.0m. It reported 81 employees.