Thrive for Change

Analysis

Thrive for Change is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in November 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 (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 for Change reported income of $413k and spending of $358k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $413k (+500%), an average of +500% a year. The sharpest change came in the year to December 2023, when income rose by 500%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thrive for Change sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Ald Connect Inc ($413k), Dixie County Anti-Drug Coalition ($413k) and Leander House Inc ($413k).

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 $69k (19% of expenses). Other salaries and wages came to $137k. At year end it held assets of $207k against liabilities of $145k, net assets of $62k. It reported 7 employees.