Gaudenzia Foundation

Analysis

Gaudenzia Foundation is a registered charity in United States, based in Norristown, PA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Gaudenzia Foundation reported income of $7.8m and spending of $7.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.6m to $7.8m (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2021, when income dropped by 37%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gaudenzia Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Leyden Family Service and Mental Health Center ($7.8m), Harmony Services Inc ($7.8m) and Bangor Nursing & Rehabilitation Center ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 0.5% of the total. Other salaries and wages came to $759k. At year end it held assets of $70.5m against liabilities of $23.0m, net assets of $47.6m.

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.