Gulf Coast Charter Academy South Inc

Analysis

Gulf Coast Charter Academy South Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Gulf Coast Charter Academy South Inc reported income of $9.1m and spending of $8.4m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.0m to $9.1m (+51%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gulf Coast Charter Academy South 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 95th percentile within FL. Charities of a similar size with the same main cause include Oxford Preparatory School Inc ($9.1m), Memphis Academy of Science and Engineering ($9.1m) and Greatschools Inc ($9.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 4.7% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $14.5m against liabilities of $8.5m, net assets of $6.0m. It reported 115 employees.