Giulio Gari Foundation Inc

Analysis

Giulio Gari Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Giulio Gari Foundation Inc reported income of $61k and spending of $72k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $61k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Giulio Gari Foundation Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Louisiana Bankers Patrick Spencer Fisc Education Foundation Inc ($61k), Jonesville Athletic Boostersassociation ($61k) and PTA California Congress of Parents Teachers & Students Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.