Thrive Ministries Inc

Organization Overview

Thrive Ministries Inc is located in Monroe, LA. The organization was established in 2017. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 12/2022, Thrive Ministries Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thrive Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Thrive Ministries Inc generated $677.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $648.9k during the year ending 12/2022. While expenses have increased by 18.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HELP LOCAL CHARITIES ASSIST WOMEN AND CHILDREN IN NEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HELPING LOCAL CHARITIES ASSIST WOMEN AND CHILDREN IN NEED.


HELP LOCAL CHARITIES ASSIST WOMEN AND CHILDREN IN NEED.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $8,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,000
Total Program Service Revenue$666,116
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $677,599

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