Gapp Services Inc

Analysis

Gapp Services Inc is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gapp Services Inc reported income of $148k and spending of $213k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $241k to $148k (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 15%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gapp Services Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Fiorenzas Food for Friends F4 Inc ($148k), Junction City Local Aid ($148k) and TLC of Southern & Central Illinois ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $112k (52% of expenses). At year end it held assets of $209k against liabilities of $250k, net assets of -$41k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.