Together We Thrive

Analysis

Together We Thrive is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2011, 15 years ago. 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 July 2023, Together We Thrive reported income of $249k and spending of $248k, spending 100% of its income. Across the 3 years on record, from December 2021 to July 2023, income fell from $483k to $249k (-48%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Together We Thrive sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Greenwich Autism Alliancefoundation Inc ($249k), Share-A-Home of Yadkin County Inc ($249k) and Brown County Museum of History Inc ($249k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $18k (7.4% of expenses). Other salaries and wages came to $132k. At year end it held assets of $488k against liabilities of $0, net assets of $488k. It reported 5 employees.