Girard Lutheran Housing Corporation
Analysis
Girard Lutheran Housing Corporation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Girard Lutheran Housing Corporation reported income of $315k and spending of $406k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $264k to $315k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 140% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Girard Lutheran Housing Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Fowler Christian Apartments III Inc ($315k), Faith Family and Determination ($315k) and Culver City Rotary Plaza Inc ($315k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Other salaries and wages came to $56k. At year end it held assets of $2.7m against liabilities of $448k, net assets of $2.3m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Program services 48%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fowler Christian Apartments III Inc | Dallas | $315k |
| Faith Family and Determination | Detroit | $315k |
| Culver City Rotary Plaza Inc | Long Beach | $315k |
| Habitat for Humanity International Inc | Buda | $316k |