GHS Academy

Analysis

GHS Academy is a registered charity in United States, based in El Dorado HLS, CA. It received its IRS tax-exemption ruling in January 2002, 24 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, GHS Academy reported income of $2.8m and spending of $2.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.8m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, GHS Academy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Souris Valley Special Services ($2.8m), Crowder College Foundation Inc ($2.8m) and Scago Educational Facilitiescorporation for Cherokee County ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $158k (6.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.7m against liabilities of $3.3m, net assets of $1.4m. It reported 32 employees.