Ggba Benefit Trust

Analysis

Ggba Benefit Trust is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ggba Benefit Trust reported income of $177k and spending of $1,632, leaving 99% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $18k to $177k (+912%), an average of +912% a year. The sharpest change came in the year to June 2024, when income rose by 912%. Over the whole period it spent 1.3% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ggba Benefit Trust sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include William B Dickinson Educational TR ($177k), Investment Professional for Charity Inc ($177k) and Equitable ($177k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.