Gloria Deo Academy

Analysis

Gloria Deo Academy is a registered charity in United States, based in Bulverde, TX. It received its IRS tax-exemption ruling in August 2014, 12 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 May 2023, Gloria Deo Academy reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to May 2023, income grew from $1.0m to $1.5m (+50%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 83%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gloria Deo Academy 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 TX. Charities of a similar size with the same main cause include California State University Stanislaus Foundaiton ($1.5m), North State Building Industryfoundation ($1.5m) and Red Wind Consulting Inc ($1.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $140k (9.8% of expenses). Other salaries and wages came to $829k. It paid $8,312 in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $704k, net assets of $1.5m. It reported 50 employees.