Western Gateway Elementary School Inc

Analysis

Western Gateway Elementary School Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 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 2023, Western Gateway Elementary School Inc reported income of $3.7m and spending of $3.1m, spending 83% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.0m to $3.7m (+268%), an average of +92% a year. The sharpest change came in the year to June 2022, when income rose by 137%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Gateway Elementary School Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OK. Charities of a similar size with the same main cause include Crim Fitness Foundation Inc ($3.7m), Project Adventure Inc ($3.7m) and Institute for Free Speech ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 2.1% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.3m against liabilities of $263k, net assets of $1.0m. It reported 37 employees.