The Gurdjieff Foundation Inc

Analysis

The Gurdjieff Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1954, 72 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, The Gurdjieff Foundation Inc reported income of $860k and spending of $1.0m, spending 121% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $632k to $860k (+36%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 138% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Gurdjieff Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Grandmas House Day Care ($859k), Bnai Brith Apartments of Deerfield Beach III Inc ($860k) and All 4 Paws Rescue ($859k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 74% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $59k (5.6% of expenses). Other salaries and wages came to $126k. At year end it held assets of $7.9m against liabilities of $29k, net assets of $7.9m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.