Gardens School of Technology Arts Inc

Analysis

Gardens School of Technology Arts Inc is a registered charity in United States, based in Palm Beach Gardens, FL. It received its IRS tax-exemption ruling in June 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, Gardens School of Technology Arts Inc reported income of $4.1m and spending of $4.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $4.1m (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 20%. 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, Gardens School of Technology Arts Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Desarrollos Universitarios Inc ($4.1m), Acclaim Charter School Inc ($4.1m) and Championship Academy of Distinction at Hollywood Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $176k (4.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.2m against liabilities of $72k, net assets of $1.1m. It reported 76 employees.