Matilda Joslyn Gage Foundation Inc

Analysis

Matilda Joslyn Gage Foundation Inc is a registered charity in United States, based in Fayetteville, NY. It received its IRS tax-exemption ruling in June 2001, 25 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, Matilda Joslyn Gage Foundation Inc reported income of $565k and spending of $244k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $565k (+135%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Matilda Joslyn Gage Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include WC Parents Inc ($565k), South Florida Baptist Hospital Foundation Inc ($565k) and Friends of Community Foundations of Canada ($565k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $90k. At year end it held assets of $1.6m against liabilities of $8,539, net assets of $1.6m. It reported 2 employees.