Ginok LLC

Analysis

Ginok LLC is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Ginok LLC reported income of $58.1m and spending of $57.5m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $52.3m to $58.1m (+11%), an average of +2.1% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ginok LLC sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Citizen Advocates Inc ($58.0m), Cwi Works Inc ($58.3m) and Young Mens Christian Association of Wichita ($58.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $814k (1.4% of expenses). Other salaries and wages came to $21.2m. At year end it held assets of $58.5m against liabilities of $16.2m, net assets of $42.3m. It reported 470 employees.