Greaswood Springs Community School Inc

Analysis

Greaswood Springs Community School Inc is a registered charity in United States, based in Ganado, AZ. It received its IRS tax-exemption ruling in August 1996, 30 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 2023, Greaswood Springs Community School Inc reported income of $6.0m and spending of $5.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $6.0m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income dropped by 46%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greaswood Springs Community 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 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Ball Charter Schools an Illinois Non-Profit Corporation ($6.0m), Circle Foundation ($6.0m) and Empower Schools Inc ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $187k (3.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $9.9m against liabilities of $137k, net assets of $9.7m. It reported 65 employees.