Gathering of Pearls Foundation

Analysis

Gathering of Pearls Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 2020, 6 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 2023, Gathering of Pearls Foundation reported income of $50k and spending of $31k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $50k (-53%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 40% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Gathering of Pearls Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within MO. Charities of a similar size with the same main cause include Camas Grad Night ($50k), Blytheville Baseball-Softball Boosters ($50k) and Newport Lacrosseinc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $500, net assets of $93k.