Greater Schools
Analysis
Greater Schools is a registered charity in United States, based in Miamisburg, OH. It received its IRS tax-exemption ruling in March 2022, 4 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, Greater Schools reported income of $26.4m and spending of $4.4m, leaving 83% of income unspent that year. The sharpest change came in the year to June 2023, when income rose by 193%. Over the whole period it spent 16% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Schools sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Leaders in Our Neighborhood Charter School ($26.4m), The Freedom Academy Foundation ($26.4m) and Community Academy of Philadelphia a Pennylvania Charter School ($26.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $390k (8.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $34.0m against liabilities of $4.1m, net assets of $29.9m. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Leaders in Our Neighborhood Charter School | Bronx | $26.4m |
| The Freedom Academy Foundation | Ogden | $26.4m |
| Community Academy of Philadelphia a Pennylvania Charter School | Philadelphia | $26.4m |
| Ivey Business School Foundation | Canada | $26.4m |