Thrive Global Consulting NFP

Analysis

Thrive Global Consulting NFP is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Global Consulting NFP reported income of $80k and spending of $95k, spending 118% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $126k to $80k (-37%), an average of -11% a year. The sharpest change came in the year to September 2022, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Thrive Global Consulting NFP sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Frontier Development Foundation ($80k), Wells of Hope International Inc ($80k) and Restore Elikia Inc ($80k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $20k, net assets of $71k.