South Side Thrive Collaborative

Analysis

South Side Thrive Collaborative is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, South Side Thrive Collaborative reported income of $202k and spending of $148k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $202k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Side Thrive Collaborative sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Leadership Lafayette Inc ($202k), Kafakumba Development Projects Fundinc ($202k) and Hammonton Revitalization Corporation ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $165k against liabilities of $14k, net assets of $152k.