Gold Star Private Academy Incorporated

Analysis

Gold Star Private Academy Incorporated is a registered charity in United States, based in Bristol, FL. It received its IRS tax-exemption ruling in February 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 June 2024, Gold Star Private Academy Incorporated reported income of $393k and spending of $351k, spending 89% of its income. Across the 5 years on record, from December 2020 to June 2024, income grew from $223k to $393k (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 132%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gold Star Private Academy Incorporated sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include True North Parent Partnership ($393k), Incline Education Fund ($393k) and Great River School Foundation ($393k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $50k (14% of expenses). Other salaries and wages came to $111k. At year end it held assets of $58k against liabilities of $0, net assets of $58k. It reported 7 employees.