Giving Back to the Gambia Charity Foundation Inc

Analysis

Giving Back to the Gambia Charity Foundation Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 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, Giving Back to the Gambia Charity Foundation Inc reported income of $51k and spending of $56k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $51k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Giving Back to the Gambia Charity Foundation Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Center City Christian Outreach Inc ($51k), Operation Santa and Community Events Inc ($51k) and Serving Our Savior Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,016 against liabilities of $0, net assets of $9,016.