The Gerry Homes

Analysis

The Gerry Homes is a registered charity in United States, based in Gerry, NY. It received its IRS tax-exemption ruling in November 1943, 83 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, The Gerry Homes reported income of $30.7m and spending of $33.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $33.8m to $30.7m (-9.1%), an average of -2.4% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Gerry Homes sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Baptist Convalescent Center Inc ($30.7m), Feeding South Dakota ($30.8m) and Judson ($30.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 92% of the total. Other salaries and wages came to $15.8m. At year end it held assets of $76.0m against liabilities of $38.3m, net assets of $37.7m. It reported 642 employees.