The American Friends of the GWPF Inc

Analysis

The American Friends of the GWPF Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, The American Friends of the GWPF Inc reported income of $211k and spending of $248k, spending 117% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $506k to $211k (-58%), an average of -25% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The American Friends of the GWPF Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Florida Association of Student Financial Aid Administrators Inc ($211k), Project Mend-A-House Incorporated ($211k) and Costilla County Economic Development Council Inc ($211k).

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 $12k against liabilities of $6,400, net assets of $5,370.