Gestalt Community Schools

Analysis

Gestalt Community Schools is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 2009, 17 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, Gestalt Community Schools reported income of $38.1m and spending of $37.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.0m to $38.1m (+66%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gestalt Community Schools sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Center City Public Charter Schools ($38.1m), Avon Old Farms School Inc ($38.1m) and Wichita State University Foundation ($38.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $682k (1.8% of expenses). Other salaries and wages came to $16.7m. At year end it held assets of $50.4m against liabilities of $25.1m, net assets of $25.4m. It reported 447 employees.