Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$11,798,685,276
Program Services
67%
Investments
20%
Other
13%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$11,201,117,675
Benefits to Members
84%
Salaries & Benefits
7%
Other
4%
Fees to Service Providers
2%
Grants
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$7,193,461,875
$7,880,621,506
+10%
Membership Dues
$0
$0
-
Investments
$2,314,297,634
$2,392,100,018
+3%
Other
$1,128,820,185
$1,525,963,752
+35%
Total Revenues
$10,636,579,694
$11,798,685,276
+11%
Expenses
2023
2024
Change
Grants
$96,402,125
$110,618,538
+15%
Benefits to Members
$8,480,573,868
$9,417,305,419
+11%
Salaries & Benefits
$768,225,647
$820,320,129
+7%
Fees to Service Providers
$160,263,947
$169,043,184
+5%
Advertising & Promotion
$46,887,968
$65,083,390
+39%
Offices, Occupancy & IT
$100,574,188
$106,738,940
+6%
Interest
$40,968,525
$0
-100%
Depreciation
$33,300,901
$25,879,581
-22%
Other
$395,929,777
$486,128,494
+23%
Total Expenses
$10,123,126,946
$11,201,117,675
+11%
Net income
2023
2024
Change
Net income
+$513,452,748
+$597,567,601
+16%
Functional Expenses
Summary
2023
2024
Change
Program
$10,123,126,946
$11,201,117,675
+11%
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$10,123,126,946
$11,201,117,675
+11%
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