Gizmo House Inc

Analysis

Gizmo House Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Gizmo House Inc reported income of $102k and spending of $95k, spending 93% of its income. Across the 4 years on record, from September 2020 to September 2023, income fell from $110k to $102k (-7.5%), an average of -2.6% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gizmo House Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Hunters Woods Pre-School Inc ($102k), Together for Choice ($102k) and Society of St Vincent de Paul St Thomas Aquinas Conference ($102k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $506k against liabilities of $375k, net assets of $131k.