The Gregory School
Analysis
The Gregory School is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 1980, 46 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, The Gregory School reported income of $9.6m and spending of $9.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $9.6m (+36%), an average of +8.0% a year. Over the whole period it spent 98% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Gregory School sits at the 95th percentile: it is larger than about 95% 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 Opportunity Center Incorporated ($9.6m), Community Day School ($9.6m) and The Spring of Tampa Bay Inc ($9.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $350k (3.7% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $9.5m against liabilities of $2.6m, net assets of $6.9m. It reported 124 employees.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Program services 74%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Opportunity Center Incorporated | Oakton | $9.6m |
| Community Day School | Pittsburgh | $9.6m |
| The Spring of Tampa Bay Inc | Tampa | $9.6m |
| Licking Knox Goodwill Industries Inc | Newark | $9.6m |