NFP500

#5 of 500 · Member & Benefit Funds

Thrivent Financial For Lutherans

EIN 39-0123480 · MN · NTEE n/a · Form 990, fiscal 2022

A not-for-profit fraternal benefit society headquartered in Minneapolis, Minnesota, serving Christian members nationwide. It offers financial products and services including life insurance, annuities, mutual funds, and financial advice, and its fraternal structure supports member-directed charitable giving, volunteer activities, and grants to churches, nonprofits, and communities.

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Financials, fiscal 2022

Revenue
$10.28B
Expenses
$9.13B
Total assets
$107.96B
Net assets
$13.77B
Operating margin
11.2%
1-year growth
-9.9%
5-year growth (CAGR)
1.8%
Reserve (years of spending)
18.1
Contributions share
n/a
Programme spending
63.9%
Fundraising cost
n/a
Executive pay share
0.42%
Employees
8,085
Revenue per employee
$1.3M
Grants paid
$92.3M
Years filing
57

NFP Health Score: 86 / 100

Financial 75 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To serve its members and society by guiding both to be wise with money and live generously.

Revenue history

YearRevenue
2018$9.56B
2019$9.59B
2020$9.22B
2021$11.41B
2022$10.28B