Gwen Cherry Park Foundation Inc

Analysis

Gwen Cherry Park Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Cherry Park Foundation Inc reported income of $158k and spending of $119k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $158k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 338%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gwen Cherry Park Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Ugf Institute Inc ($158k), Parent Teacher Assoc of Public School 1 Inc ($158k) and Canterbury Whole Child Center ($158k).

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 $819k against liabilities of $0, net assets of $819k.