Georgetown Community School

Analysis

Georgetown Community School is a registered charity in United States, based in Georgetown, CO. It received its IRS tax-exemption ruling in November 2007, 19 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, Georgetown Community School reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgetown Community School sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Golden Generation Worship & Retreat Center Inc ($1.6m), Norman B Leventhal Map & Education Center Inc ($1.6m) and North South Foundation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $85k (5.4% of expenses). Other salaries and wages came to $691k. At year end it held assets of $1.4m against liabilities of $2.2m, net assets of -$787k. It reported 31 employees.