Gilbert Rivera Charitable Foundation

Analysis

Gilbert Rivera Charitable Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Gilbert Rivera Charitable Foundation reported income of $172k and spending of $176k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $177k to $172k (-3.2%), an average of -0.8% a year. The sharpest change came in the year to September 2021, when income rose by 614%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gilbert Rivera Charitable Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Hungry Heroes Incorporated ($172k), Common Ground Healing Arts Inc ($172k) and National Alliance for Relationship and Marriage Education Inc ($172k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.