Gateway Public Schools

Analysis

Gateway Public Schools is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1998, 28 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, Gateway Public Schools reported income of $15.3m and spending of $14.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.9m to $15.3m (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gateway Public Schools 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 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include City of Hialeah Education Academy Inc ($15.3m), New Leaf Organization ($15.3m) and Usf Health Professions Conferencing Corporation ($15.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $795k (5.4% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $12.0m against liabilities of $3.0m, net assets of $9.0m. It reported 194 employees.