Thrival Academy Indy Inc

Analysis

Thrival Academy Indy Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Thrival Academy Indy Inc reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $778k to $1.3m (+70%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 12819%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thrival Academy Indy Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include American Friends of Yeshivat Hakotel ($1.3m), Thinking Nation Corp ($1.3m) and Riverside Language Program Inc ($1.3m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $126k (9.7% of expenses). Other salaries and wages came to $914k. At year end it held assets of $145k against liabilities of $5,353, net assets of $139k. It reported 42 employees.