Amazing Gracies Gift Foundation

Analysis

Amazing Gracies Gift Foundation is a registered charity in United States, based in Mohawk, NY. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Amazing Gracies Gift Foundation reported income of $84k and spending of $52k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $84k (-5.7%), an average of -5.7% a year. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Amazing Gracies Gift Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Cook County Physicians Association Inc ($84k), Sigma Zeta Foundation Inc ($84k) and Illinois Valley Wellness Resources ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $369k against liabilities of $0, net assets of $369k.