Gulf Coast Academy of Science and Technology Inc

Analysis

Gulf Coast Academy of Science and Technology Inc is a registered charity in United States, based in Spring Hill, FL. 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 2024, Gulf Coast Academy of Science and Technology Inc reported income of $2.3m and spending of $2.4m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $2.3m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 15%. 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, Gulf Coast Academy of Science and Technology Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Live Oak Waldorf School ($2.3m), United Schools Network Inc ($2.4m) and Western Carolina University Research & Development Corporation ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 81% of the total. At year end it held assets of $1.8m against liabilities of $1.3m, net assets of $512k. It reported 54 employees.