Golda Och Academy Inc

Analysis

Golda Och Academy Inc is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in June 1972, 54 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, Golda Och Academy Inc reported income of $22.1m and spending of $24.6m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $17.6m to $22.1m (+26%), an average of +8.0% a year. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golda Och Academy Inc 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 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Advanced Functional Fabrics of America Inc ($22.1m), Core Knowledge Foundation ($22.1m) and Academy of Math & Science Inc ($22.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $1.1m (4.4% of expenses). Other salaries and wages came to $11.5m. At year end it held assets of $14.2m against liabilities of $4.6m, net assets of $9.6m. It reported 190 employees.