Gulf Coast Elementary School Inc

Analysis

Gulf Coast Elementary School Inc is a registered charity in United States, based in Spring Hill, FL. It received its IRS tax-exemption ruling in June 2020, 6 years ago. 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, Gulf Coast Elementary School Inc reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $1.0m to $1.3m (+25%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gulf Coast Elementary School Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Rockdale Fair Association Inc ($1.3m), Task Force Pineapple Inc ($1.3m) and Greater Seattle Business Assoc Scholarship Fund ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 87% of the total. At year end it held assets of $1.4m against liabilities of $896k, net assets of $494k. It reported 24 employees.