Learning Gate Community School

Analysis

Learning Gate Community School is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in August 2000, 26 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, Learning Gate Community School reported income of $8.3m and spending of $8.1m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.6m to $8.3m (+24%), an average of +5.6% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Gate Community School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include The Christ School Inc ($8.3m), James Jordan Middle School ($8.3m) and Aspiro Inc ($8.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.3% and program service revenue 93% of the total. At year end it held assets of $10.3m against liabilities of $9.1m, net assets of $1.2m.