Gingerbread House Academy Inc

Analysis

Gingerbread House Academy Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gingerbread House Academy Inc reported income of $419k and spending of $331k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $522k to $419k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gingerbread House Academy Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include American Industrial Hygieneassociation Foundation ($419k), Solid Waste Association of North America Inc ($419k) and Waterloo Library & Historical Society ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $120k. At year end it held assets of $1,117 against liabilities of $446k, net assets of -$445k. It reported 6 employees.