Governors Committee on Scholastic Achievement

Analysis

Governors Committee on Scholastic Achievement is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1957, 69 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 June 2024, Governors Committee on Scholastic Achievement reported income of $265k and spending of $610k, spending 230% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $471k to $265k (-44%), an average of -11% a year. The sharpest change came in the year to June 2024, when income rose by 480%. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Governors Committee on Scholastic Achievement sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Olimpico Learning ($265k), Eden Prairie School District 272 Parent-Teacher Organization ($265k) and Scholarship Foundation of the Nsa Inc ($265k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $135k (22% of expenses). Other salaries and wages came to $134k. At year end it held assets of $3.2m against liabilities of $25k, net assets of $3.2m. It reported 5 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.