Thrive Refugee Enterprise Limited
Thrive Refugee Enterprise Limited is a large-scale charity established in 2016. Their main activity is registered as development finance primarily serving adults - aged 25 to under 65 migrants, refugees or asylum seekers people from a culturally and linguistically diverse background.
Thrive purpose is to positively transform the lives of refugees and asylum seekers by helping them build successful businesses and fulfilling lives, so they can make meaningful contributions to the Australian economy and society. To date we have helped over 200 refugees and asylum seekers fulfill their dreams by giving them access to credit otherwise hard to come by to start local businesses throughout NSW and Victoria.
Who They Help
- People from a culturally and linguistically diverse background
- Migrants, refugees or asylum seekers
- Adults - aged 25 to under 65
Total employee expenses: $983,364 (63% of revenue).
Average full-time equivalent salary: $46,451.
Revenue vs Expenses
Thrive Refugee Enterprise Limited has seen an average annual growth of 20% in revenue versus a 40% p.a. increase in expenses. This imbalance can sometimes mean a challenge for long-term financial management.
Assets vs Liabilities
As of 2020, Thrive Refugee Enterprise Limited has a debt-to-equity (D/E) ratio of 0.47. This is considered slightly riskier than average within the charity space.
Sources of Revenue
Sources of Expense
- Annamaria Curtis
- Deputy Chairperson
- Catherine Scarth
- Board MemberPossibly also represents: Migration Council Australia.
- Finn Pratt
- Board Member
- Paul Fegan
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- Registration Status
- Charity is registered.
- DGR Status
Donations can be claimed as a tax deduction.
- Operating States
- VIC NSW
- Entity Type
Australian Public Company
A company is a non-individual client type. Company is defined to include a body corporate and any other unincorporated association or body of persons but does not include a partnership or a non-entity joint venture. Public Benevolent Institution
- nsw, melbourne, parramatta, sydney, refugee, volunteers, volunteer, asylum seekers, refugees, pro-bono, corporations