Thriving Initiative

Analysis

Thriving Initiative is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Thriving Initiative reported income of $110k and spending of $108k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $102k to $110k (+7.6%), an average of +7.6% a year. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thriving Initiative sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Cush It to the Limit ($110k), Genesee Township Volunteer Fire Department Inc ($110k) and Runnin Free Ranch ($110k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $77k against liabilities of $9,521, net assets of $68k.