Westgate School

Analysis

Westgate School is a registered charity in United States, based in Thornton, CO. It received its IRS tax-exemption ruling in June 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, Westgate School reported income of $7.5m and spending of $7.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $7.5m (+25%), an average of +5.6% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westgate School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include University of North Carolina at Pembroke Foundation Inc ($7.5m), Center for Hearing and Speech ($7.5m) and Gray Stone Educational Foundation Inc ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $17.3m against liabilities of $16.5m, net assets of $789k. It reported 83 employees.