Gum Drops NFP

Analysis

Gum Drops NFP is a registered charity in United States, based in Carterville, IL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Gum Drops NFP reported income of $95k and spending of $131k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $130k to $95k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gum Drops NFP sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Presbyterian Manor Inc ($95k), Open Arms Pregnancy Center ($95k) and Knit the Rainbow Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (23% of expenses). At year end it held assets of $15k against liabilities of $1,189, net assets of $14k. It reported 1 employees.