Ge2p2 Global Foundation

Analysis

Ge2p2 Global Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2016, 10 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, Ge2p2 Global Foundation reported income of $62k and spending of $95k, spending 152% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income fell from $435k to $62k (-86%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ge2p2 Global Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include National Charity League Inc ($62k), Summit High School Band Parents Association ($62k) and Hood River Valley Booster Club ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $34k, net assets of -$5,879.