GCC Foundation Inc

Analysis

GCC Foundation Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, GCC Foundation Inc reported income of $783k and spending of $974k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $659k to $783k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, GCC Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Bethlehem Community Empowerment Center Inc ($783k), Battlefield Ministries Inc ($783k) and Greater Houlton Christian Academy ($783k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $95k (9.8% of expenses). Other salaries and wages came to $2,581. At year end it held assets of $297k against liabilities of $0, net assets of $297k. It reported 4 employees.