Gruber Mill Inc

Analysis

Gruber Mill Inc is a registered charity in United States, based in Spring City, PA. It received its IRS tax-exemption ruling in February 2003, 23 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 September 2023, Gruber Mill Inc reported income of $663k and spending of $845k, spending 127% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $551k to $663k (+20%), an average of +4.7% a year. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gruber Mill Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Hong Ning Senior Housing Corporation ($662k), Danville Senior Housing Inc ($663k) and The Salvation Army Escondido Residences Inc ($662k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $175k. At year end it held assets of $6.2m against liabilities of $97k, net assets of $6.1m.

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.