Chillin with Adam the Adam Gaynes Foundation Inc

Analysis

Chillin with Adam the Adam Gaynes Foundation Inc is a registered charity in United States, based in Melville, NY. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Chillin with Adam the Adam Gaynes Foundation Inc reported income of $209k and spending of $321k, spending 153% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $200k to $209k (+4.5%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income rose by 743%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chillin with Adam the Adam Gaynes Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Brave the Shave ($209k), The James Isaac House Inc ($209k) and MN Lions Childhood Cancer Foundation Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $183k against liabilities of $0, net assets of $183k.