Geo Next Generation High School Inc

Analysis

Geo Next Generation High School Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 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 2023, Geo Next Generation High School Inc reported income of $6.6m and spending of $6.3m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $6.6m (+307%), an average of +60% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Geo Next Generation High School Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Innovative Education Partnership Corporation ($6.6m), Pasadena Christian School ($6.6m) and Davis Technical College Foundation Inc ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $127k (2.0% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $1.2m against liabilities of $1.3m, net assets of -$79k. It reported 88 employees.