THRIVENT CHARITABLE IMPACT & INVESTING
600 PORTLAND AVE STE 4100, MINNEAPOLIS, MN · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $264,446,350 | $110,361,627 | $800,467,907 |
| FY2023 | $114,823,436 | $89,438,156 | $672,405,349 |
| FY2022 | $101,828,070 | $69,253,844 | $577,074,133 |
| FY2021 | $138,812,775 | $65,425,483 | $681,596,291 |
| FY2020 | $180,241,401 | $50,035,872 | $567,426,324 |
| FY2019 | $81,831,339 | $41,424,143 | $405,159,088 |
| FY2018 | $66,081,685 | $32,189,286 | $325,352,252 |
| FY2017 | $67,534,941 | $27,770,587 | $335,126,855 |
| FY2016 | $37,406,604 | $20,020,103 | $282,630,045 |
| FY2015 | $55,437,524 | $21,212,681 | $251,495,280 |
| FY2014 | $47,871,716 | $19,487,755 | $250,404,103 |
| FY2013 | $29,831,861 | $14,883,268 | $237,205,519 |
| FY2012 | $30,921,242 | $12,775,693 | $204,270,371 |
| FY2011 | $32,786,514 | $13,252,806 | $174,290,659 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $160,234,580 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $95,413,120 | 86% |
| Management & general | $12,896,382 | 12% |
| Fundraising | $2,052,125 | 2% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2024.
- Program services accounted for 86% of functional expenses, management & general 12%, and fundraising 2%.
- 86% of functional expenses went to program services in FY2024. That is higher than 54.5% of 22 Philanthropy, Voluntarism & Grantmaking Foundations organizations in MN.
- Net assets covered about 87 months of expenses at the end of the reporting year. That puts it in the 45th percentile among 1199 Philanthropy, Voluntarism & Grantmaking Foundations organizations in MN.
- Total revenue was higher than 100.1% of 1215 Philanthropy, Voluntarism & Grantmaking Foundations organizations in MN.
- Total revenue rose from $32,786,514 in FY2011 to $264,446,350 in FY2024, Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2024.
- Net assets grew from $174,290,659 to $800,467,907 between FY2011 and FY2024.
- Contributions and grants made up 74% of revenue in FY2011 and 61% in FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
SERVING THE COMMUNITY THROUGH CHARITABLE PLANNING, DONOR-ADVISED FUNDS, AND ENDOWMENTS.
IRS status
| Ruling year | 1995 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T31 — Philanthropy, Voluntarism & Grantmaking Foundations |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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