Gonzaga Preparatory School Foundation of Spokane Washington

Analysis

Gonzaga Preparatory School Foundation of Spokane Washington is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in September 1967, 59 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, Gonzaga Preparatory School Foundation of Spokane Washington reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.2m (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2021, when income rose by 82%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gonzaga Preparatory School Foundation of Spokane Washington sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Westview Foundation ($1.2m), African Community Services in MN ($1.2m) and Alliance for Education Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $130k (12% of expenses). Other salaries and wages came to $56k. At year end it held assets of $17.9m against liabilities of $0, net assets of $17.9m.