Charity Search / THE THRIVING CITIES GROUP
Social Science (V20) 990 on File

THE THRIVING CITIES GROUP

EIN: 81-3605714 · CHARLOTTESVLE, VA 22906-8227 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 45/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$344K
Total Revenue
$425K
Total Expenses
$245K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 86.5%
Fundraising Efficiency N/A
Operating Reserve 6.91x
Liability-to-Asset 0.0%
Revenue Diversification 94.9%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 187 similar organizations (United States, Social Science, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
86.5% 84.2%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
13.5% 12.5%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.9 mo 10.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 1.2%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
94.9% 88.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
-50.1% 5.0%
P10P90
Expense growth
Year over year expense growth
-47.3% 4.9%
P10P90
Surplus margin
Surplus as a share of revenue
-23.7% 0.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $344K $425K $245K 86.5% 1
2023 $689K $807K $326K 93.7% 1
2022 $1.1M $783K $444K 110.7% 2
2021 $788K $902K $188K 88.0% 2
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Organization Details
EIN
81-3605714
State
VA
City
CHARLOTTESVLE
ZIP
22906-8227
Classification
V20
Category
Social Science
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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