Gurwin Jewish Geriatric Foundation Inc

Analysis

Gurwin Jewish Geriatric Foundation Inc is a registered charity in United States, based in Commack, NY. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Gurwin Jewish Geriatric Foundation Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.2m (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gurwin Jewish Geriatric Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include United Way of Sumner County ($1.2m), Hundred Acres Manor Inc ($1.2m) and Jamie & Denise Jacob Family Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. Compensation of current officers, directors and key employees was $306k (27% of expenses). Other salaries and wages came to $252k. At year end it held assets of $31.2m against liabilities of $8.4m, net assets of $22.7m. It reported 4 employees.