Gem Prep Nampa LLC

Analysis

Gem Prep Nampa LLC is a registered charity in United States, based in Deary, ID. It received its IRS tax-exemption ruling in February 2016, 10 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, Gem Prep Nampa LLC reported income of $6.0m and spending of $4.9m, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.4m to $6.0m (+77%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gem Prep Nampa LLC 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 96th percentile within ID. Charities of a similar size with the same main cause include The Red Oaks School Inc ($6.0m), Columbus Torah School ($6.0m) and New York City Charter School of the Arts ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 3.5% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $13.7m against liabilities of $10.2m, net assets of $3.5m. It reported 62 employees.