Guardian Center Inc

Analysis

Guardian Center Inc is a registered charity in United States, based in Ooltewah, TN. It received its IRS tax-exemption ruling in April 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Guardian Center Inc reported income of $960k and spending of $132k, leaving 86% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.0m to $960k (-88%), an average of -41% a year. The sharpest change came in the year to June 2023, when income rose by 929%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Guardian Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include First Senior Housing Corporation ($960k), Yarock Memorial Housing Inc ($961k) and Harry and Jeanette Weinberg Gardens Housing Development Fund Co Inc ($960k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $985k against liabilities of $682k, net assets of $303k.