Gloria Dei Academy

Analysis

Gloria Dei Academy is a registered charity in United States, based in Louisiana, MO. It received its IRS tax-exemption ruling in February 2012, 14 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, Gloria Dei Academy reported income of $980k and spending of $1.3m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $275k to $980k (+256%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 111%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gloria Dei Academy sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Central Virginia Christian School Corporation ($980k), St Dunstans Academy ($980k) and Student Services Inc ($980k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $57k (4.3% of expenses). Other salaries and wages came to $121k. At year end it held assets of $1.1m against liabilities of $169k, net assets of $904k. It reported 16 employees.