Thrive International Missions

Analysis

Thrive International Missions is a registered charity in United States, based in Murrieta, CA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Thrive International Missions reported income of $231k and spending of $241k, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $464k to $231k (-50%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 53%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Thrive International Missions sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include New Life in Christ Ministries ($231k), Bridges to the Nations ($231k) and Dayton Shop Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $100k (42% of expenses). At year end it held assets of $133k against liabilities of $4,666, net assets of $128k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.