Thaden School

Analysis

Thaden School is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in June 2017, 9 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, Thaden School reported income of $18.3m and spending of $20.8m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $27.4m to $18.3m (-33%), an average of -9.6% a year. The sharpest change came in the year to June 2021, when income dropped by 54%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thaden School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AR. Charities of a similar size with the same main cause include Strong Rock Christian School Inc ($18.3m), Teach Plus Incorporated ($18.3m) and Beyond Basics ($18.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $1.5m (7.4% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $74.7m against liabilities of $878k, net assets of $73.8m. It reported 136 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.