Thrive for Life Prison Project Inc

Analysis

Thrive for Life Prison Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 for Life Prison Project Inc reported income of $2.0m and spending of $959k, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $354k to $2.0m (+463%), an average of +54% a year. The sharpest change came in the year to June 2023, when income rose by 118%. Over the whole period it spent 74% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Thrive for Life Prison Project 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 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Native Hawaiian Legal Corporation ($2.0m), Brightline Defense Project ($2.0m) and Pennsylvania Casa Association ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $209k. At year end it held assets of $2.0m against liabilities of $420k, net assets of $1.6m. It reported 5 employees.