#5 of 500 · Member & Benefit Funds
Thrivent Financial For Lutherans
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.
Open the interactive profileFinancials, 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
| Year | Revenue |
|---|---|
| 2018 | $9.56B |
| 2019 | $9.59B |
| 2020 | $9.22B |
| 2021 | $11.41B |
| 2022 | $10.28B |