Garden Foundation Inc
Analysis
Garden Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 2017, 9 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 December 2023, Garden Foundation Inc reported income of $436k and spending of $386k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $230k to $436k (+90%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 190%. Over the whole period it spent 74% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Garden Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within NV. Charities of a similar size with the same main cause include Stupid Strong ($436k), Social Creatures Inc ($436k) and 22mohawks ($436k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $13k (3.2% of expenses). Other salaries and wages came to $195k. At year end it held assets of $596k against liabilities of $140k, net assets of $456k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 71%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stupid Strong | Colleyville | $436k |
| Social Creatures Inc | Brooklyn | $436k |
| 22mohawks | Sharon | $436k |
| Familykind Ltd | New York | $436k |