Gastonia Police Foundation Inc

Analysis

Gastonia Police Foundation Inc is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Gastonia Police Foundation Inc reported income of $77k and spending of $48k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $46k to $77k (+66%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 139%. Over the whole period it spent 62% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Gastonia Police Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Soroptimist International of the Americas Inc ($77k), Act United ($77k) and Richmond County Bar Association Volunteer Lawyers Project Inc ($77k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.