Gotham Gives Inc

Analysis

Gotham Gives Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Gotham Gives Inc reported income of $3.7m and spending of $1.8m, leaving 50% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $3.5m to $3.7m (+4.4%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 346%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gotham Gives Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Jewish Federation Foundation ($3.7m), United Way of North Carolina ($3.7m) and San Jacinto Community College Foundation Pasadena Texas ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $352k (19% of expenses). At year end it held assets of $3.4m against liabilities of $5.5m, net assets of -$2.0m. It reported 1 employees.