Gerstell Academy Inc

Analysis

Gerstell Academy Inc is a registered charity in United States, based in Cockeysville, MD. It received its IRS tax-exemption ruling in November 2000, 26 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, Gerstell Academy Inc reported income of $9.6m and spending of $9.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $9.6m (+9.7%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gerstell Academy Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MD. Charities of a similar size with the same main cause include Gaston Day School Inc ($9.6m), Ecole Francaise Internationale de Philadelphie ($9.6m) and Associated Students of San Jose State University ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 72% of the total. Other salaries and wages came to $5.8m. At year end it held assets of $28.2m against liabilities of $8.2m, net assets of $20.1m. It reported 106 employees.