Gilbert Promotional Corporation

Analysis

Gilbert Promotional Corporation is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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, Gilbert Promotional Corporation reported income of $198k and spending of $145k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $198k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gilbert Promotional Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within AZ. Charities of a similar size with the same main cause include North Shore Veterans Counseling Services Inc ($198k), Realty of the Gospel Ministries Inc ($198k) and Garden State Soccer League ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.