Gilman Housing Corporation

Analysis

Gilman Housing Corporation is a registered charity in United States, based in St Johnsbury, VT. It received its IRS tax-exemption ruling in October 1984, 42 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, Gilman Housing Corporation reported income of $186k and spending of $200k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $186k (-5.7%), an average of -5.7% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gilman Housing Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 43rd percentile within VT. Charities of a similar size with the same main cause include 21 Plus Foundation Inc ($186k), Island Workforce Housing ($186k) and Help Works Homes Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $413k against liabilities of $523k, net assets of -$110k.