Gwen L Kosinski Foundation Inc

Analysis

Gwen L Kosinski Foundation Inc is a registered charity in United States, based in Riverhead, NY. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Gwen L Kosinski Foundation Inc reported income of $140k and spending of $110k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $140k (-4.8%), an average of -4.8% a year. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gwen L Kosinski Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Institute for Internal Transformation ($140k), Carey Housing Development Incorporated ($140k) and Miracle League Northshore ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.