Gloria Deo Academy Inc

Analysis

Gloria Deo Academy Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in September 2014, 12 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, Gloria Deo Academy Inc reported income of $3.2m and spending of $3.0m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.4m to $3.2m (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gloria Deo Academy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include The Institute of Buddhist Studies Inc ($3.2m), Rise Education Schools Inc ($3.2m) and Morehouse Community Improvement Organization Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $63k (2.1% of expenses). Other salaries and wages came to $1.8m. It paid $9,610 in professional fundraising fees. At year end it held assets of $2.8m against liabilities of $1.5m, net assets of $1.3m. It reported 183 employees.