Gordon School

Analysis

Gordon School is a registered charity in United States, based in E Providence, RI. It received its IRS tax-exemption ruling in December 1944, 82 years ago. 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, Gordon School reported income of $12.2m and spending of $11.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.0m to $12.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gordon School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within RI. Charities of a similar size with the same main cause include National Institute of Minority Economic Development ($12.2m), The Arc Fresno Madera Counties ($12.2m) and Allegheny Conference on Community Development ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $679k (5.8% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $26.0m against liabilities of $2.5m, net assets of $23.5m. It reported 159 employees.