Thrive Central Oregon

Analysis

Thrive Central Oregon is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in July 2017, 9 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, Thrive Central Oregon reported income of $1.3m and spending of $1.5m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $153k to $1.3m (+770%), an average of +72% a year. The sharpest change came in the year to June 2021, when income rose by 233%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thrive Central Oregon sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include Independent Living Resources Inc ($1.3m), The Ordinary People Society Inc ($1.3m) and Acf Western USA Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $95k (6.4% of expenses). Other salaries and wages came to $498k. It paid $7,500 in professional fundraising fees. At year end it held assets of $811k against liabilities of $54k, net assets of $757k. It reported 18 employees.