Golden Star Educational Services

Analysis

Golden Star Educational Services is a registered charity in United States, based in Hermosa Beach, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Golden Star Educational Services reported income of $336k and spending of $281k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $205k to $336k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Star Educational Services sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Long Island School of Chinese Inc ($336k), Lab School of Memphis Inc ($336k) and Convergence Analysis ($336k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $104k (37% of expenses). Other salaries and wages came to $80k. At year end it held assets of $81k against liabilities of $0, net assets of $81k. It reported 10 employees.