Gesu Housing Inc

Analysis

Gesu Housing Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 2002, 24 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 2024, Gesu Housing Inc reported income of $1.2m and spending of $724k, leaving 39% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $175k to $1.2m (+577%), an average of +47% a year. The sharpest change came in the year to June 2024, when income rose by 450%. Over the whole period it spent 174% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gesu Housing Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NE. Charities of a similar size with the same main cause include Advanced Living Management &development Inc ($1.2m), Middlesex North Resource Center Inc ($1.2m) and Alabama Christian Housing Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $9,047. At year end it held assets of $705k against liabilities of $293k, net assets of $411k. It reported 1 employees.