Gentrys Educational Foundation

Analysis

Gentrys Educational Foundation is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gentrys Educational Foundation reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $540k to $1.2m (+123%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gentrys Educational Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Great Basin College Foundation ($1.2m), Young Nonprofit Foundation Inc ($1.2m) and Austin Home Base ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Other salaries and wages came to $983k. At year end it held assets of $262k against liabilities of $154k, net assets of $109k. It reported 14 employees.