Guardians of the Gap LLC

Analysis

Guardians of the Gap LLC is a registered charity in United States, based in Cumb Gap, TN. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Guardians of the Gap LLC reported income of $65k and spending of $24k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $65k (+164%), an average of +164% a year. The sharpest change came in the year to December 2023, when income rose by 164%. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Guardians of the Gap LLC sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within TN. Charities of a similar size with the same main cause include North Polk Fine Arts Boosters Inc ($65k), The Conservation Society of York County ($65k) and Indianola Music Boosters ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.