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North Carolina · Nonprofit

THRIVE ASHEVILLE INC

THRIVE ASHEVILLE INC (North Carolina) receives grants from 10 organizations whose IRS filings report $444,492 to it, the largest being WANDA AND JAMES M MORAN JR FOUNDATION INC ($175,000). 3 of them have funded it in more than one year.

Revenue FY2025
$656k
Funders on record
10
Grants received
$444k
Net assets
$306k
3/10 repeat funderspeak grant-dependency 27%
01What it does

What Thrive Asheville Inc does

Mission

Thrive asheville's mission is to collaborate with local residents and leaders from diverse perspectives to understand our city's challenges, forge new relationships, and act on the best solutions together.

As stated on its FY2025 Form 990.

Programs

  1. Landlord-tenant partnership program - matches potential landlords with tenants who want to move from subsidized housing to private rentals using housing choice vouchers.

    $181,675 spent
    39% of program spending
  2. Lessons recovery facilitates a cohort of 30+ diverse community leaders in a two-year program to study and analyze a community issue together, then facilitate actionable solutions.

    $27,493 spent
    6% of program spending
  3. The buncombe rental assistance collaborative (brac) is composed of five housing agencies working together to increase the acceptance of federal rental assistance in buncombe county, so that vulnerable groups can access affordable housing. Thrive organizes, coordinates and leads all brac partners toward successful collaboration and outcomes.

    $250,674 spent
    53% of program spending
  4. Support local and community projects in general.

    $10,000 spentof which $10,000 as grants
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $469,842.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($319k) Expenses 100 ($179k) Net assets 100 ($140k)2023 Revenue 158 ($505k) Expenses 181 ($324k) Net assets 229 ($322k)2024 Revenue 117 ($373k) Expenses 277 ($495k) Net assets 142 ($200k)2025 Revenue 206 ($656k) Expenses 308 ($550k) Net assets 218 ($306k)
2022202320242025
Revenue (206)Expenses (308)Net assets (218)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $146k to $335k (+129%).

$146k
$335k
$209k
$310k
2022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 6% · 2023 36% · 2024 38% · 2025 27%. Grants only. Government contracts and fees sit inside program revenue.

100% of THRIVE ASHEVILLE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

$140k
’22
$181k
’23
−$122k
’24
$105k
’25
6.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Kim Mcguire

Chair

As listed on its FY2025 Form 990.

2022202320242025
Listed14151410
Joined·+3+0+3
No longer listed·217
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $10k → $134k.

2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 41% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THRIVE ASHEVILLE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THRIVE ASHEVILLE INC leans on a few funders — its largest provides 39% of grant income and the top three 80%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THRIVE ASHEVILLE INC.

39%
largest funder
80%
top three
~4
effective funders

Largest funder’s share by year: 2021 100% · 2022 55% · 2023 56% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

THRIVE ASHEVILLE INC draws 77% of its grant income from funders outside North Carolina, across 5 states in all.

MN
MD
NC
MS
FL

In-state vs out-of-state, by year

’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $180k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THRIVE ASHEVILLE INC has grown faster than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin16% · above the median
Months of reserve6.4mo · below the median
Revenue growth (annualized)27% · top quartile

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like THRIVE ASHEVILLE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 7%Fundraising 7%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for THRIVE ASHEVILLE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THRIVE ASHEVILLE INC?
THRIVE ASHEVILLE INC (North Carolina) receives grants from 10 organizations whose IRS filings report $444,492 to it, the largest being WANDA AND JAMES M MORAN JR FOUNDATION INC ($175,000). 3 of them have funded it in more than one year.
How many funders does THRIVE ASHEVILLE INC have?
IRS filings report 10 organizations giving $444,492 in grants to THRIVE ASHEVILLE INC, 3 of which have funded it in more than one year.
Who is the largest funder of THRIVE ASHEVILLE INC?
WANDA AND JAMES M MORAN JR FOUNDATION INC is the largest funder on record, with $175,000 in grants. The full list of funders is on this page.
How can an organization like THRIVE ASHEVILLE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing