Gi Go Fund Inc

Analysis

Gi Go Fund Inc is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in March 2008, 18 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2023, Gi Go Fund Inc reported income of $1.1m and spending of $1.2m, spending 111% of what it took in. Across the 5 years on record, from February 2019 to February 2023, income grew from $1.1m to $1.1m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to February 2021, when income dropped by 26%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gi Go Fund Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Stewart Community Home Inc ($1.1m), School Administrators of Montana ($1.1m) and Mountain States Policy Center ($1.1m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $467k (39% of expenses). Other salaries and wages came to $114k. It paid $15k in professional fundraising fees. At year end it held assets of $560k against liabilities of $614k, net assets of -$54k. It reported 9 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.