Thrive Housing Network

Analysis

Thrive Housing Network is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thrive Housing Network reported income of $828k and spending of $863k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $828k (+245%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 856%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thrive Housing Network sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Institute for Community Leadership Training and Organizing ($828k), Friends of the Columbia Gorge ($828k) and Upturn Inc ($828k).

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 $74k (8.6% of expenses). Other salaries and wages came to $316k. At year end it held assets of $474k against liabilities of $33k, net assets of $441k. It reported 13 employees.