Gems Uncovered Inc

Analysis

Gems Uncovered Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Gems Uncovered Inc reported income of $74k and spending of $84k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $74k (-11%), an average of -10% a year. Over the whole period it spent 112% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Gems Uncovered Inc 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 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Sandhills Pride ($74k), Idaho Chooses Life Alliance Inc ($74k) and Port St Lucie Police Foundation Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $19k against liabilities of $30k, net assets of -$11k.