Guaranty Foundation

Analysis

Guaranty Foundation is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2023, Guaranty Foundation reported income of $115k and spending of $83k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $115k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Guaranty Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within LA. Charities of a similar size with the same main cause include Nergg Inc ($115k), Marshfield Education Foundation ($115k) and Berea Youth Football Foundation ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $310k against liabilities of -$400, net assets of $310k.