Guide Inc

Analysis

Guide Inc is a registered charity in United States, based in Norwich, CT. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Guide Inc reported income of $2.8m and spending of $2.5m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $2.8m (+21%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guide Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Hmong American Farmers Association ($2.8m), American Wheelchair Foundation ($2.8m) and Womanhaven ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $252k (10.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.5m against liabilities of $755k, net assets of $732k. It reported 85 employees.