Gazelle Foundation

Analysis

Gazelle Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 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 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, Gazelle Foundation reported income of $796k and spending of $400k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $796k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gazelle Foundation 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 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Mushahida Foundation Inc ($795k), Arrupe Virtual Learning Institute ($796k) and National Association of Corporate Directors ($795k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $77k (19% of expenses). Other salaries and wages came to $32k. At year end it held assets of $1.1m against liabilities of $3,574, net assets of $1.1m. It reported 3 employees.