Thrive SS Inc

Analysis

Thrive SS Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Thrive SS Inc reported income of $2.5m and spending of $2.0m, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $844k to $2.5m (+197%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thrive SS 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 90th percentile within GA. Charities of a similar size with the same main cause include State of the Heart Recovery Inc ($2.5m), Mental Health Association of Middle Tennessee ($2.5m) and Recovery Survival Network ($2.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $269k (14% of expenses). Other salaries and wages came to $958k. At year end it held assets of $1.5m against liabilities of $13k, net assets of $1.5m. It reported 29 employees.