George W Gould Construction Institute Inc

Analysis

George W Gould Construction Institute Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in September 1995, 31 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, George W Gould Construction Institute Inc reported income of $2.5m and spending of $2.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.5m (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, George W Gould Construction Institute Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Joint Venture Silicon Valley Network ($2.5m), Winchester Christian Academy Inc ($2.5m) and Sir Harold Acton Charitable TR ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $115k (4.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.5m against liabilities of $587k, net assets of $914k. It reported 67 employees.