Joel a Gingras Jr Memorial Foundation Inc

Analysis

Joel a Gingras Jr Memorial Foundation Inc is a registered charity in United States, based in Chalfont, PA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Joel a Gingras Jr Memorial Foundation Inc reported income of $225k and spending of $230k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $225k (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Joel a Gingras Jr Memorial Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Florida Disabled Outdoors Association Inc ($225k), LMHF Strive to Thrive Program Inc ($226k) and Music Partners in Healthcare Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $8,037 against liabilities of $0, net assets of $8,037.