Taj Gibson Foundation Inc

Analysis

Taj Gibson Foundation Inc is a registered charity in United States, based in Norwood, NJ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2020, Taj Gibson Foundation Inc reported income of $90k and spending of $87k, spending 96% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $296k to $90k (-70%), an average of -70% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Taj Gibson Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Replay Outreach Inc ($90k), Rock Foundation ($90k) and Lemoore High School Band Boosters ($90k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,200 against liabilities of $0, net assets of $3,200.