Gino Macchio Foundation Inc

Analysis

Gino Macchio Foundation Inc is a registered charity in United States, based in Lindenhurst, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Gino Macchio Foundation Inc reported income of $345k and spending of $322k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $303k to $345k (+14%), an average of +6.5% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gino Macchio Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Sahaita Inc ($345k), Edwin Fair Community Mental Health Center Inc ($345k) and Raymond a Wood Foundation Inc ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $71k (22% of expenses). Other salaries and wages came to $151k. At year end it held assets of $225k against liabilities of $1,804, net assets of $223k. It reported 7 employees.