Family G a P Foundation

Analysis

Family G a P Foundation is a registered charity in United States, based in Clarksdale, MS. It received its IRS tax-exemption ruling in December 2023, 3 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, Family G a P Foundation reported income of $695k and spending of $720k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $838k to $695k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family G a P Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within MS. Charities of a similar size with the same main cause include Take Stock in Children of Nassau County ($695k), Rahabs Retreat and Ranch Inc ($696k) and Swan Songs Musical Last Wishes ($695k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (12% of expenses). Other salaries and wages came to $59k. At year end it held assets of $44k against liabilities of $39k, net assets of $4,939. It reported 4 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.