Gem Innovatoin Schools of Idaho Inc

Analysis

Gem Innovatoin Schools of Idaho Inc is a registered charity in United States, based in Deary, ID. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Gem Innovatoin Schools of Idaho Inc reported income of $1.5m and spending of $958k, leaving 35% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $5.7m to $1.5m (-74%), an average of -24% a year. The sharpest change came in the year to June 2020, when income dropped by 86%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gem Innovatoin Schools of Idaho Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within ID. Charities of a similar size with the same main cause include May Sands Montessori School Inc ($1.5m), Love of Learning Montessori School ($1.5m) and Scottsdale Country Day School ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.2m against liabilities of $69k, net assets of $4.1m.