Gulliver Preparatory School Inc

Analysis

Gulliver Preparatory School Inc is a registered charity in United States, based in Pinecrest, FL. It received its IRS tax-exemption ruling in March 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 2023, Gulliver Preparatory School Inc reported income of $113.5m and spending of $87.8m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $82.9m to $113.5m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gulliver Preparatory School Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include University of Massachusetts Foundation Inc ($113.4m), Trustees of the Hamline University of Minnesota ($113.6m) and Scripps College ($113.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $729k (0.8% of expenses). Other salaries and wages came to $36.6m. At year end it held assets of $282.3m against liabilities of $125.2m, net assets of $157.1m. It reported 711 employees.