Gentry Academy

Analysis

Gentry Academy is a registered charity in United States, based in Vadnais HTS, MN. It received its IRS tax-exemption ruling in January 2021, 5 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, Gentry Academy reported income of $4.5m and spending of $4.8m, spending 107% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $4.6m to $4.5m (-1.8%), an average of -0.9% a year. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gentry Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include French River Education Center Inc ($4.5m), Pennsylvania Educational Communications Systems ($4.5m) and West Side Christian School ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $261k (5.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $6.7m against liabilities of $7.6m, net assets of -$988k. It reported 48 employees.