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Ggi Foundation Inc

RegisteredEIN 87-4772336Mangonia Park, FLPoverty relief
Income$342k2023-12
Spending$275ksame year
Spent / received81%2-year average
Size in its cause58th pctPoverty relief
Exempt since2023Publicly supported organisat
Employees0latest return

Analysis

Ggi Foundation Inc is a registered charity in United States, based in Mangonia Park, FL. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ggi Foundation Inc reported income of $342k and spending of $275k, spending 81% of its income. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ggi Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Children and the Country Life ($342k), Diocese of Fresno Marriage Encounter Inc ($342k) and Mountain Communities Family Resource Center Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $5.7m against liabilities of $64k, net assets of $5.7m.

Income and spending

$0$85k$171k$256k$342k2022 Income: $02022 Spending: $89920222023 Income: $341,5802023 Spending: $275,2112023
IncomeSpending

Where the income comes from

  • Contributions & grants 64%
  • Other 36%

Similar-sized charities, same cause

CharityLocationIncome
Children and the Country LifeGilroy$342k
Diocese of Fresno Marriage Encounter IncWest Covina$342k
Mountain Communities Family Resource Center IncFrazier Park$342k
Child and Family Services FoundationBuffalo$342k