Gecu Foundation

Analysis

Gecu Foundation is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gecu Foundation reported income of $844k and spending of $816k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $844k (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gecu Foundation sits at the 74th percentile: it is larger than about 74% 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 Education Based Housing Inc ($843k), Kingdom Kids Preparatory School Inc ($844k) and Parsons-Decatur County Higher Education Foundation ($843k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $287k against liabilities of $0, net assets of $287k.