Golden Rule Schools Inc

Analysis

Golden Rule Schools Inc is a registered charity in United States, based in Desoto, TX. It received its IRS tax-exemption ruling in July 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, Golden Rule Schools Inc reported income of $21.4m and spending of $21.7m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $17.0m to $21.4m (+26%), an average of +6.0% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Rule Schools Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Communities in Schools of Central Texas ($21.4m), American Heritage Schools Inc ($21.5m) and Communities in Schools of San Antonio ($21.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% and program service revenue 1.1% of the total. Other salaries and wages came to $12.1m. At year end it held assets of $58.2m against liabilities of $41.3m, net assets of $16.9m. It reported 303 employees.