The Gillispie School

Analysis

The Gillispie School is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in August 2014, 12 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, The Gillispie School reported income of $9.2m and spending of $8.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $9.2m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Gillispie School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Montrose Foundation Inc ($9.2m), Global Brigades Inc ($9.2m) and The Watson Institute Friendship Academy ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $470k (5.7% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $30.8m against liabilities of $12.2m, net assets of $18.6m. It reported 93 employees.