Gibson-Straube Charitable Group

Analysis

Gibson-Straube Charitable Group is a registered charity in United States, based in Junction City, OR. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Gibson-Straube Charitable Group reported income of $159k and spending of $159k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $159k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gibson-Straube Charitable Group sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within OR. Charities of a similar size with the same main cause include Houston Yoga & Ayurveda Ahsram Inc ($159k), Kedrick Scribner Foundation Inc ($159k) and Nwa Challenge for Hope Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.