Thrive Behavioral Health INC

Warwick, Rhode Island

A-Health Score
76A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 3 peers in Mental Health & Crisis Intervention with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.30×
Peer Median1.36×
💰
$26.3M
Total Revenue
📊
$25.1M
Total Expenses
🏦
$7.5M
Net Assets
📋
$6.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.2%
Year-over-year change (2022 → 2023)
Net Margin
+4.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.30
Net assets divided by total expenses
Liabilities-to-Assets
46.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$26,329,71714%$25,120,63314%$14,003,1528%
2022$23,053,495$22,017,9564%$12,993,9118%
2021$23,040,55212%$21,224,5494%$11,982,3141%
2020$20,542,2863%$20,328,4234%$12,081,30122%
2019$21,229,1152%$21,197,0181%$9,924,70611%
2018$20,748,16345%$21,005,41542%$11,148,5131%
2017$14,303,50110%$14,785,28112%$11,067,08718%
2016$13,059,2842%$13,172,6171%$9,375,9035%
2015$12,769,9702%$13,373,0133%$9,894,2545%
2014$13,037,0391%$13,028,7682%$10,416,9431%
2013$13,220,4471%$13,354,1651%$10,527,24667%
2012$13,364,0842%$13,497,0282%$6,315,5143%
2011$13,672,233$13,191,545$6,137,299

Frequently Asked Questions

What does Thrive Behavioral Health INC do?

Thrive Behavioral Health INC is a mental health & crisis intervention nonprofit organization based in Rhode Island. It is classified under NTEE code F32Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Thrive Behavioral Health INC financially healthy?

Based on our 9-metric Financial Health Score model, Thrive Behavioral Health INC has a score of 76/100 (Grade: A-). 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 Behavioral Health INC generate?

Thrive Behavioral Health INC reports $29.6M in annual revenue and holds $16.6M in total assets, based on IRS filings.

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