Gcsen Foundation

Analysis

Gcsen Foundation is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gcsen Foundation reported income of $668k and spending of $651k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $890k to $668k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gcsen Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Akili Christian High School Inc ($668k), California Charter Authorizing Professionals ($668k) and Innovations Public Charter School Foundation ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $117k (18% of expenses). At year end it held assets of $447k against liabilities of $49k, net assets of $398k. It reported 2 employees.