A Simple Gesture Greensboro Inc

Analysis

A Simple Gesture Greensboro Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, 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, A Simple Gesture Greensboro Inc reported income of $2.7m and spending of $2.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $579k to $2.7m (+364%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Simple Gesture Greensboro Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include Ohio Hispanic Coalition ($2.7m), Kay Phillips Child Advocacy Center ($2.7m) and Volunteers in Service to the Elderly Inc ($2.7m).

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 $90k (3.2% of expenses). Other salaries and wages came to $214k. At year end it held assets of $392k against liabilities of $9,932, net assets of $382k. It reported 7 employees.