Gulf Coast Education Initiative Consortium Inc

Analysis

Gulf Coast Education Initiative Consortium Inc is a registered charity in United States, based in Gulfport, MS. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Gulf Coast Education Initiative Consortium Inc reported income of $388k and spending of $352k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $317k to $388k (+22%), an average of +5.2% a year. The sharpest change came in the year to September 2020, when income rose by 18%. 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, Gulf Coast Education Initiative Consortium Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MS. Charities of a similar size with the same main cause include West River Montessori School ($388k), Zichron Eliyahu Memorial Foundation Inc ($388k) and Sha Arim Inc ($388k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 80% of the total. Compensation of current officers, directors and key employees was $65k (18% of expenses). Other salaries and wages came to $45k. At year end it held assets of $1.2m against liabilities of $70k, net assets of $1.1m. It reported 2 employees.