Thrive Umpqua

Analysis

Thrive Umpqua is a registered charity in United States, based in Roseburg, OR. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Thrive Umpqua reported income of $473k and spending of $687k, spending 145% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $622k to $473k (-24%), an average of -24% a year. The sharpest change came in the year to June 2024, when income dropped by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thrive Umpqua sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OR. Charities of a similar size with the same main cause include Our Kids at Heart ($473k), Manchester Public Television Service Inc ($473k) and Kings Storehouse Food Bank Inc ($473k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. Other salaries and wages came to $334k. At year end it held assets of $32k against liabilities of $6,216, net assets of $26k. It reported 7 employees.