Goabroad Foundation

Analysis

Goabroad Foundation is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in July 2003, 23 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, Goabroad Foundation reported income of $73k and spending of $81k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $73k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Goabroad Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within CO. Charities of a similar size with the same main cause include Career & Technical School Foundation ($73k), Mountain View PTO ($73k) and Lake Travis Project Graduation ($73k).

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 $24k against liabilities of $0, net assets of $24k.