Gianna Cirella Memorial Fund

Analysis

Gianna Cirella Memorial Fund is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in April 2018, 8 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, Gianna Cirella Memorial Fund reported income of $74k and spending of $61k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $74k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gianna Cirella Memorial Fund sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within RI. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul San Roque Conference ($74k), Loaves & Fishes of Livingston ($74k) and Don Ausman Foundation Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.