Set to Thrive

Analysis

Set to Thrive is a registered charity in United States, based in Danville, CA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Set to Thrive reported income of $174k and spending of $176k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $174k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Set to Thrive sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Taproot a Lopez Kitchen ($174k), You to the Rescue Inc ($174k) and Eugene Bell Foundation ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $173k against liabilities of $16k, net assets of $157k.