Gabby Krause Foundation

Analysis

Gabby Krause Foundation is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Gabby Krause Foundation reported income of $1.4m and spending of $1.5m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $913k to $1.4m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gabby Krause Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include New Creation Behavioral Healthcare Foundation ($1.4m), Tear Film and Ocular Surface Society Inc ($1.4m) and Wyandotte Pregnancy Clinic ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $231k (15% of expenses). Other salaries and wages came to $236k. At year end it held assets of $1.5m against liabilities of $241k, net assets of $1.2m. It reported 8 employees.