Mid-Peninsula Ginzton Inc

Analysis

Mid-Peninsula Ginzton Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in May 1992, 34 years ago. 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 December 2023, Mid-Peninsula Ginzton Inc reported income of $667k and spending of $467k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $514k to $667k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-Peninsula Ginzton Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Devils Lake Rural Fire Department Inc ($667k), Bismarck Gymnastics Academy Inc ($667k) and Salt Pond Community Broadcasting Company ($667k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 87% of the total. Other salaries and wages came to $41k. At year end it held assets of $2.3m against liabilities of $2.0m, net assets of $308k.