Gulfport Multipurpose Senior Center Foundation Inc

Analysis

Gulfport Multipurpose Senior Center Foundation Inc is a registered charity in United States, based in Gulfport, FL. It received its IRS tax-exemption ruling in September 2005, 21 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 2023, Gulfport Multipurpose Senior Center Foundation Inc reported income of $171k and spending of $48k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $171k (+103%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gulfport Multipurpose Senior Center Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Awakenings House Inc ($171k), Partners Therapeutic Horsemanship Inc ($171k) and Oakville Senior High School Band Parents Association ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $296k against liabilities of $0, net assets of $296k.