Friends of Gush Katif

Analysis

Friends of Gush Katif is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2004, 22 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 February 2023, Friends of Gush Katif reported income of $110k and spending of $162k, spending 147% of what it took in. Across the 3 years on record, from February 2020 to February 2023, income fell from $277k to $110k (-60%), an average of -37% a year. The sharpest change came in the year to February 2023, when income rose by 503%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Gush Katif sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Haigler Community Foundation ($110k), Embassy of Hope Foundation Inc ($110k) and Dyersville Health Foundation Inc ($110k).

On its Form 990-EZ for the period ending February 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.