The Gog Foundation Inc

Analysis

The Gog Foundation Inc is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 December 2023, The Gog Foundation Inc reported income of $66.1m and spending of $63.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $47.6m to $66.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Gog Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Brevard Health Alliance Inc ($66.1m), Vcu Health Tappahannock Hospital ($66.2m) and Planned Parenthood Shasta Diablo Inc ($66.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.7m (2.7% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $125.3m against liabilities of $38.2m, net assets of $87.0m. It reported 64 employees.