Thrive Santa Ana

Analysis

Thrive Santa Ana is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Santa Ana reported income of $602k and spending of $158k, leaving 74% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $234k to $602k (+157%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 34% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Thrive Santa Ana sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Work Plus Incorporated ($602k), Starter Studio FL Inc ($602k) and South Side Quarter Development ($601k).

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 $21k (13% of expenses). Other salaries and wages came to $68k. At year end it held assets of $1.2m against liabilities of $125k, net assets of $1.0m. It reported 3 employees.