Georgie Badiel Foundation Inc

Analysis

Georgie Badiel Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Georgie Badiel Foundation Inc reported income of $374k and spending of $649k, spending 173% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $192k to $374k (+94%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 151%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Georgie Badiel Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include K J Choi Foundation ($373k), Outstretched Hands of Romania Inc ($374k) and Global Goods Partners ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 127% of the total. Compensation of current officers, directors and key employees was $131k (20% of expenses). Other salaries and wages came to $181k. At year end it held assets of $218k against liabilities of $27k, net assets of $191k. It reported 4 employees.