Gateway Science Academy of St Louis

Analysis

Gateway Science Academy of St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 2013, 13 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, Gateway Science Academy of St Louis reported income of $26.3m and spending of $24.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.2m to $26.3m (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gateway Science Academy of St Louis sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Board of Control for Southern Regional Education ($26.3m), Institute for Better Education ($26.3m) and Vmi Foundation ($26.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $793k (3.3% of expenses). Other salaries and wages came to $11.4m. At year end it held assets of $11.8m against liabilities of $2.9m, net assets of $8.9m. It reported 269 employees.