Gullotta House

Analysis

Gullotta House is a registered charity in United States, based in Briarcliff Manor, NY. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Gullotta House reported income of $245k and spending of $219k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $431k to $245k (-43%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 55%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gullotta House sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($245k), Chartercare Foundation ($246k) and Word Players ($245k).

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 $11k (4.9% of expenses). At year end it held assets of $70k against liabilities of $13k, net assets of $57k. It reported 1 employees.