Gec School

Analysis

Gec School is a registered charity in United States, based in Galloway, OH. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2023, Gec School reported income of $2.9m and spending of $2.1m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $2.9m (+856%), an average of +76% a year. The sharpest change came in the year to December 2020, when income rose by 261%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gec School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Suny Agriculture & Tech College Found Inc Faculty Stud Assoc Suny ($2.9m), Fort Vancouver Regional Library Foundation ($2.9m) and Covenant Christian Academy ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $891k. At year end it held assets of $1.6m against liabilities of $10k, net assets of $1.6m. It reported 39 employees.