Gesher Foundation Inc

Analysis

Gesher Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1969, 57 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Gesher Foundation Inc reported income of $1.6m and spending of $1.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Gesher Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include North Sound Foundation ($1.6m), Junior Achievement of Southeastern Pennsylvania ($1.6m) and South Africa Partners Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.4m against liabilities of $15k, net assets of $1.4m. It reported 1 employees.