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Thunderbird School of Global Management

Registered · see notesEIN 86-0105586Phoenix, AZEducation and training
Income$3.3m2023-06
Spending$3.5msame year
Spent / received172%5-year average
Size in its cause86th pctEducation and training
Exempt since1947School
Employees0latest return

Analysis

Thunderbird School of Global Management is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 1947, 79 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, Thunderbird School of Global Management reported income of $3.3m and spending of $3.5m, spending 107% of what it took in. The sharpest change came in the year to June 2021, when income rose by 124%. Over the whole period it spent 172% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thunderbird School of Global Management sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Amskills Inc ($3.3m), Wicomico County Free Library Inc ($3.3m) and Alpha Charter of Excellence Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 98% of the total. At year end it held assets of $4.5m against liabilities of $677k, net assets of $3.9m.

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.

Income and spending

$0$9.3m$18.6m$27.8m$37.1m2019 Income: -$6,446,8592019 Spending: $5,273,11320192020 Income: $10,253,9462020 Spending: $6,938,85320202021 Income: $22,980,2122021 Spending: $37,108,51920212022 Income: $2,655,8982022 Spending: $3,439,38120222023 Income: $3,287,1852023 Spending: $3,501,6962023
IncomeSpending

Where the income comes from

  • Contributions & grants 11%
  • Program services 89%

Similar-sized charities, same cause

CharityLocationIncome
Amskills IncHoliday$3.3m
Wicomico County Free Library IncSalisbury$3.3m
Alpha Charter of Excellence IncMiami$3.3m
Creative Montessori School IncHomewood$3.3m