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Global Village Academy - Douglas County

RegisteredEIN 47-3125668Thornton, COEducation and training
Income$5.6m2024-06
Spending$6.3msame year
Spent / received97%5-year average
Size in its cause90th pctEducation and training
Exempt since2022School
Employees74latest return

Analysis

Global Village Academy - Douglas County is a registered charity in United States, based in Thornton, CO. It received its IRS tax-exemption ruling in June 2022, 4 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 2024, Global Village Academy - Douglas County reported income of $5.6m and spending of $6.3m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.0m to $5.6m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Village Academy - Douglas County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Two Dimensions Preparatory Academy Inc ($5.6m), The Unumb Center for Neurodevelopment ($5.6m) and Dixon Montissori Charter School ($5.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.9% and program service revenue 90% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $13.9m against liabilities of $18.5m, net assets of -$4.6m. It reported 74 employees.

Income and spending

$0$1.6m$3.1m$4.7m$6.3m2020 Income: $3,988,1352020 Spending: $4,235,08220202021 Income: $4,056,9582021 Spending: $3,913,77120212022 Income: $4,177,2262022 Spending: $3,516,85220222023 Income: $6,276,4642023 Spending: $5,438,83920232024 Income: $5,630,9202024 Spending: $6,254,8972024
IncomeSpending

Where the income comes from

  • Contributions & grants 8.9%
  • Program services 90%
  • Other 1.2%

Similar-sized charities, same cause

CharityLocationIncome
Two Dimensions Preparatory Academy IncHouston$5.6m
The Unumb Center for NeurodevelopmentLexington$5.6m
Dixon Montissori Charter SchoolDixon$5.6m
Young Scholars Academy Charter School CorporationBullhead City$5.6m