Knox Garden Court Inc

Analysis

Knox Garden Court Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in May 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Knox Garden Court Inc reported income of $179k and spending of $234k, spending 131% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $174k to $179k (+3.0%), an average of +0.7% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Knox Garden Court Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include San Antonio Supportive Housing Inc ($179k), Peoples Health Supportive Services ($179k) and Harrisburg Fair Housing Council Inc ($179k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 62% of the total. At year end it held assets of $1.0m against liabilities of $54k, net assets of $964k.

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.