Marin School for Gifted Education

Analysis

Marin School for Gifted Education is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in November 2001, 25 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 August 2023, Marin School for Gifted Education reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.5m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to August 2021, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marin School for Gifted Education sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Henderson State University Foundation ($1.5m), Nashville International Academy ($1.5m) and Firenuggets ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $191k (14% of expenses). Other salaries and wages came to $562k. At year end it held assets of $3.5m against liabilities of $1.6m, net assets of $1.9m. It reported 23 employees.