Gompers

Analysis

Gompers is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gompers reported income of $10.4m and spending of $10.1m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.7m to $10.4m (+7.4%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gompers sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include Life Source International Schools ($10.4m), Southeast Neighborhood School of Excellence Inc ($10.4m) and Providence Christian School of Texas ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $103k (1.0% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $22.4m against liabilities of $1.8m, net assets of $20.6m. It reported 371 employees.