Gcon Gives

Analysis

Gcon Gives is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2023, 3 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, Gcon Gives reported income of $105k and spending of $72k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $105k (+145%), an average of +145% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gcon Gives sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within AZ. Charities of a similar size with the same main cause include Moraga Rotary Club Foundation ($105k), Mrasna Inc ($105k) and Anacortes Youth Sports Coalition ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.