Thrivepoint High School

Analysis

Thrivepoint High School is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in October 2003, 23 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, Thrivepoint High School reported income of $9.0m and spending of $7.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $9.0m (+77%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thrivepoint High School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include William L Gilbert School Corp ($9.0m), Clark Summit University ($9.0m) and Maker Learning Network ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $8.5m against liabilities of $2.0m, net assets of $6.5m. It reported 78 employees.