Gme Foundation

Analysis

Gme Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gme Foundation reported income of $52k and spending of $41k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $52k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gme Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Ohio Contractors Association Advancement Foundation ($52k), New Home Athletic Booster Club ($52k) and Westminster Nursery School ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.