Gow School
Analysis
Gow School is a registered charity in United States, based in South Wales, NY. It received its IRS tax-exemption ruling in December 1974, 52 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 2024, Gow School reported income of $10.9m and spending of $15.5m, spending 143% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $11.6m to $10.9m (-6.2%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 100% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gow 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 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Humentum ($10.9m), Society of American Military Engineers ($10.9m) and Family Assistance Program ($10.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $492k (3.2% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $52.0m against liabilities of $2.7m, net assets of $49.3m. It reported 132 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 86%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Humentum | Washington | $10.9m |
| Society of American Military Engineers | Alexandria | $10.9m |
| Family Assistance Program | Victorville | $10.9m |
| Alice L Walton School of Medicine | Bentonville | $10.9m |