Gha Community Development Corporation

Analysis

Gha Community Development Corporation is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in August 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 2023, Gha Community Development Corporation reported income of $850k and spending of $786k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $133k to $850k (+538%), an average of +59% a year. The sharpest change came in the year to June 2021, when income rose by 210%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gha Community Development Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Operation Hope North County Inc ($850k), Volunteers of America Inc ($850k) and McKees Rocks Community Development Corp ($850k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $3,768. At year end it held assets of $1.3m against liabilities of $742k, net assets of $510k.