GP Inc

Analysis

GP Inc is a registered charity in United States, based in Princeton, WV. It received its IRS tax-exemption ruling in December 1967, 59 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, GP Inc reported income of $167k and spending of $51k, leaving 70% of income unspent that year. Across the 3 years on record, from December 2018 to December 2020, income grew from $7,964 to $167k (+1993%), an average of +358% a year. The sharpest change came in the year to December 2019, when income rose by 1644%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, GP Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WV. Charities of a similar size with the same main cause include Connecticosh Health Technical Committee Inc Connecticut Council ($167k), Euclid Schools Foundation ($167k) and Family Development Center ($167k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 100% of the total. At year end it held assets of $2.6m against liabilities of $24k, net assets of $2.6m.