Gainesville Isd Education Inc

Analysis

Gainesville Isd Education Inc is a registered charity in United States, based in Gainesville, TX. It received its IRS tax-exemption ruling in January 2003, 23 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 December 2023, Gainesville Isd Education Inc reported income of $93k and spending of $74k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $93k (+94%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gainesville Isd Education Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Wauwatosa Public Library Foundation Inc ($93k), James Madison High School Band-Flag Parents Booster Club Inc ($93k) and Athletics & Academics Club Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $769k against liabilities of $0, net assets of $769k.