Gibault Inc

Analysis

Gibault Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in August 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 December 2023, Gibault Inc reported income of $21.9m and spending of $22.9m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.8m to $21.9m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gibault Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include Cardigan Mountain School ($21.9m), Lycee Francais de Chicago Inc ($21.9m) and Wheaton Academy ($21.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 73% of the total. Other salaries and wages came to $12.9m. At year end it held assets of $55.0m against liabilities of $2.0m, net assets of $52.9m. It reported 533 employees.