Gazette Charities

Analysis

Gazette Charities is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in April 2000, 26 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 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 June 2023, Gazette Charities reported income of $1.5m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gazette Charities sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Yeshivat Darkay Nisim ($1.5m), Anywhere Gives Inc ($1.5m) and Peoples Heartland Foundation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $139k. At year end it held assets of $70k against liabilities of $28k, net assets of $42k. It reported 1 employees.