G2g Foundation

Analysis

G2g Foundation is a registered charity in United States, based in West Olive, MI. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, G2g Foundation reported income of $310k and spending of $513k, spending 166% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $400k to $310k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, G2g Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Talented Foundation ($309k), The Genesis Project Seattle ($310k) and Meet the Need Ministries Inc ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.