The Gold Shield Foundation Inc

Analysis

The Gold Shield Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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 June 2024, The Gold Shield Foundation Inc reported income of $282k and spending of $109k, leaving 61% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $226k to $282k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2024, when income rose by 285%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Gold Shield Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Greenwell Foundation Inc ($282k), Kenosha County Historical Society Inc ($282k) and PTA California Congress of Parents Teachers & Students Inc ($282k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $30k (28% of expenses). At year end it held assets of $4.0m against liabilities of $32k, net assets of $3.9m.