Thrive Today

Analysis

Thrive Today is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thrive Today reported income of $394k and spending of $360k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $394k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thrive Today sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Rising Tide Montessori Inc ($394k), Friends of I S Kosloff Torah Academy High School for Girls ($394k) and Build Command Team ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $128k (36% of expenses). Other salaries and wages came to $36k. At year end it held assets of $245k against liabilities of $30k, net assets of $214k. It reported 3 employees.