Thrive Family Recovery Resources

Analysis

Thrive Family Recovery Resources is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, 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 Family Recovery Resources reported income of $375k and spending of $344k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $375k (+301%), an average of +301% a year. The sharpest change came in the year to December 2023, when income rose by 301%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thrive Family Recovery Resources sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Western New York Educational Service Council ($375k), Hampton Designer Showhouse Foundation Inc ($375k) and Mackinac Straits Health Foundation ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $203k. At year end it held assets of $109k against liabilities of $43k, net assets of $66k. It reported 5 employees.