Gasctp Inc

Analysis

Gasctp Inc is a registered charity in United States, based in Nicholson, GA. It received its IRS tax-exemption ruling in February 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gasctp Inc reported income of $207k and spending of $166k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $115k to $207k (+80%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Gasctp Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Regents of the University of Minnesota ($207k), Garland Hayward Youth Center Inc ($207k) and Central Area Youth League Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.