Gapaba Law Foundation Inc

Analysis

Gapaba Law Foundation Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in December 2007, 19 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gapaba Law Foundation Inc reported income of $194k and spending of $139k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $194k (+194%), an average of +194% a year. The sharpest change came in the year to December 2023, when income rose by 194%. Over the whole period it spent 144% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gapaba Law Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Yeshivat Maale Gilboa USA Inc ($194k), Africas Brain Bank ($194k) and Grant-Hamill Foundation Inc ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $136k against liabilities of $22k, net assets of $115k.