Operation Gratitude Inc

Analysis

Operation Gratitude Inc is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Operation Gratitude Inc reported income of $6.3m and spending of $7.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $17.0m to $6.3m (-63%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 71%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operation Gratitude Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include United Way of Southwest Louisiana Inc ($6.3m), Urban Arts Partnership ($6.3m) and Reed Academy Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $388k (5.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $15.1m against liabilities of $508k, net assets of $14.6m. It reported 52 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.