Gwinnett Pearls of Service Foundation Inc

Analysis

Gwinnett Pearls of Service Foundation Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gwinnett Pearls of Service Foundation Inc reported income of $244k and spending of $194k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $244k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gwinnett Pearls of Service Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Bluedoor Education Center Incorporated ($244k), Kids Rainbow Daycare Inc ($244k) and Great Basin Society Inc Malheur Field Station ($244k).

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 $263k against liabilities of $0, net assets of $263k.