Gilbert Education Foundation

Analysis

Gilbert Education Foundation is a registered charity in United States, based in Gilbert, IA. It received its IRS tax-exemption ruling in September 1994, 32 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 June 2023, Gilbert Education Foundation reported income of $154k and spending of $96k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $146k to $154k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gilbert Education Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include Devlin Foundation Inc ($154k), Tacoma Uja-Jewish Community Fund ($154k) and Rotary Club of Ames Foundation ($154k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $802k against liabilities of $0, net assets of $802k.