Gomez Foundation for Mill House

Analysis

Gomez Foundation for Mill House is a registered charity in United States, based in Marlboro, NY. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Gomez Foundation for Mill House reported income of $267k and spending of $84k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $267k (+169%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 889%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gomez Foundation for Mill House sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Somerset Access Television Inc ($267k), Franklin Stock Company at Chapel Hall Inc ($267k) and Mountain Time Arts ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% of the total. At year end it held assets of $6.0m against liabilities of $0, net assets of $6.0m.