Strive Preparatory Schools

Analysis

Strive Preparatory Schools is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Strive Preparatory Schools reported income of $58.2m and spending of $60.2m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $45.5m to $58.2m (+28%), an average of +6.3% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Strive Preparatory Schools sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Fuller Theological Seminary ($58.1m), Ecmc Foundation ($58.2m) and Francis Parker School ($58.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $731k (1.2% of expenses). Other salaries and wages came to $33.3m. At year end it held assets of $31.6m against liabilities of $38.9m, net assets of -$7.3m. It reported 729 employees.