The Weiss Gifted and Talented Schools Inc

Analysis

The Weiss Gifted and Talented Schools Inc is a registered charity in United States, based in Palm Beach Gardens, FL. It received its IRS tax-exemption ruling in November 2010, 16 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, The Weiss Gifted and Talented Schools Inc reported income of $7.8m and spending of $7.2m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.4m to $7.8m (+21%), an average of +6.6% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Weiss Gifted and Talented Schools Inc 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 FL. Charities of a similar size with the same main cause include Middlesex County STEM Charter School ($7.8m), Rudolf Steiner School Association of Ann Arbor ($7.8m) and Childrens Educational Services Inc ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $253k (3.5% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $11.1m against liabilities of $6.4m, net assets of $4.7m. It reported 71 employees.