Friends of Gwinnett Co Seniors Inc

Analysis

Friends of Gwinnett Co Seniors Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Friends of Gwinnett Co Seniors Inc reported income of $69k and spending of $77k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $131k to $69k (-47%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Gwinnett Co Seniors Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include Henrietta Lacks Foundation Inc ($69k), Orphan Sponsorship International ($69k) and Kentucky Alternative Livestock Association Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $263k against liabilities of $0, net assets of $263k.