Gilbert Education Foundation Inc

Analysis

Gilbert Education Foundation Inc is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gilbert Education Foundation Inc reported income of $417k and spending of $288k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $231k to $417k (+80%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gilbert Education Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within AZ. Charities of a similar size with the same main cause include Face It Foundation ($417k), Chinese Education Freedom Fund ($417k) and Brooklyn Beans Inc ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $78k. At year end it held assets of $389k against liabilities of $0, net assets of $389k. It reported 1 employees.