San Marcos Gi Forum Edifice Corp

Analysis

San Marcos Gi Forum Edifice Corp is a registered charity in United States, based in San Marcos, TX. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, San Marcos Gi Forum Edifice Corp reported income of $66k and spending of $62k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $66k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Marcos Gi Forum Edifice Corp sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include American Chemical Society ($66k), Little League Baseball Inc ($66k) and Chocorua Public Library ($66k).

At year end it held assets of $229k against liabilities of $0, net assets of $229k.