Gap Relief Sale

Analysis

Gap Relief Sale is a registered charity in United States, based in Paradise, PA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Gap Relief Sale reported income of $137k and spending of $140k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $137k (+9.4%), an average of +9.4% a year. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gap Relief Sale sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Lao Buddhist Foundation of Hawaii ($137k), Asha Mission Society Inc ($137k) and Rehoboth Karen Christian Church Inc ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. At year end it held assets of $513 against liabilities of $0, net assets of $513.