Gem Resources International

Analysis

Gem Resources International is a registered charity in United States, based in Berrien SPRGS, MI. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Gem Resources International reported income of $226k and spending of $319k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $283k to $226k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Gem Resources International 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 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Building Together Inc ($226k), Global Operations Group Ukraine Aid Inc ($226k) and Seek the Lamb Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $6,400 (2.0% of expenses). At year end it held assets of $440k against liabilities of $0, net assets of $440k.