The Gault Center

Analysis

The Gault Center is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Gault Center reported income of $1.8m and spending of $2.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 105%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Gault Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Learning Plus Associates ($1.8m), Wellpoint Care Foundation Inc ($1.8m) and Furman University Foundation Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $174k (8.9% of expenses). Other salaries and wages came to $869k. At year end it held assets of $1.5m against liabilities of $246k, net assets of $1.3m. It reported 16 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.