Specially Gifted Foundation Inc

Analysis

Specially Gifted Foundation Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in April 2020, 6 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, Specially Gifted Foundation Inc reported income of $175k and spending of $161k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $175k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Specially Gifted Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within GA. Charities of a similar size with the same main cause include Fellowship House Ministries Inc ($175k), Lakes Area Interfaith Caregivers ($175k) and Wish Granters Inc ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $64k against liabilities of $11k, net assets of $53k.