Go-Gogo Fundation Corp

Analysis

Go-Gogo Fundation Corp is a registered charity in United States, based in Coto Laurel, PR. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover health care, 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, Go-Gogo Fundation Corp reported income of $1.1m and spending of $931k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $993k to $1.1m (+6.4%), an average of +6.4% a year. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Go-Gogo Fundation Corp sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 71st percentile within PR. Charities of a similar size with the same main cause include Miraglo Foundation ($1.1m), Hope Center for Crisis Pregnancy ($1.1m) and Wisconsin Institute for Healthy Aging Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $81k. It paid $47k in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $13k, net assets of $1.3m. It reported 15 employees.