PHuman ServicesEIN: 042532990· Ruling Year: 1977

Thrive Support & Advocacy Inc

Marlborough, Massachusetts

B-Health Score
53B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.20×
Peer Median7.39×
💰
$7.5M
Total Revenue
📊
$7.7M
Total Expenses
🏦
$1.5M
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.7%
Year-over-year change (2022 → 2023)
Net Margin
-3.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.20
Net assets divided by total expenses
Liabilities-to-Assets
55.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$7,489,6572%$7,718,1679%$3,409,57836%
2022$7,616,7695%$7,087,1406%$2,498,21119%
2021$7,242,12328%$6,703,99112%$2,093,4945%
2020$5,667,23315%$6,009,64422%$2,203,34146%
2019$4,943,6468%$4,922,0377%$1,513,9621%
2018$4,576,7695%$4,586,0175%$1,497,3932%
2017$4,376,4584%$4,383,4166%$1,462,0792%
2016$4,210,5212%$4,139,5896%$1,492,5401%
2015$4,132,02824%$3,915,32018%$1,477,19619%
2014$3,339,86811%$3,331,25313%$1,245,3354%
2013$3,009,2502%$2,944,8442%$1,192,74510%
2012$3,073,434$3,012,813$1,083,925

Frequently Asked Questions

What does Thrive Support & Advocacy Inc do?

Thrive Support & Advocacy Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P82Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Thrive Support & Advocacy Inc financially healthy?

Based on our 9-metric Financial Health Score model, Thrive Support & Advocacy Inc has a score of 53/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Thrive Support & Advocacy Inc generate?

Thrive Support & Advocacy Inc reports $11.5M in annual revenue and holds $5.1M in total assets, based on IRS filings.

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Thrive Support & Advocacy Inc — Marlborough, MA | GiveScope