Gene B Glick Family Housing Foundation Inc

Analysis

Gene B Glick Family Housing Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2005, 21 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 December 2023, Gene B Glick Family Housing Foundation Inc reported income of $96.7m and spending of $75.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $58.2m to $96.7m (+66%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gene B Glick Family Housing Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Baltimore Regional Housing Partnership Inc ($95.5m), Home-Life Services Inc ($98.3m) and Brooksby Village Inc ($95.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $2,738 (0.0% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $369.2m against liabilities of $159.3m, net assets of $209.8m.