Gci Training & Empowerment Center Inc

Analysis

Gci Training & Empowerment Center Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in July 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, Gci Training & Empowerment Center Inc reported income of $153k and spending of $222k, spending 145% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $365k to $153k (-58%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gci Training & Empowerment Center Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Trailblazer Rc&d ($153k), Creating Opportunities for Guatemalans ($153k) and Heart to Art Inc ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.