Beverly Gilbert Foundation-Afi Enterprises

Analysis

Beverly Gilbert Foundation-Afi Enterprises is a registered charity in United States, based in Pleasantville, NJ. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beverly Gilbert Foundation-Afi Enterprises reported income of $94k and spending of $67k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $94k (+0.1%), an average of +0.1% a year. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beverly Gilbert Foundation-Afi Enterprises sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Warrior Bags ($94k), Albany Food and Wine Festival Inc ($94k) and The Foundation for Newlife Homes ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. At year end it held assets of $413k against liabilities of $257k, net assets of $156k.