The Guidance Center
Analysis
The Guidance Center is a registered charity in United States, based in Bradford, PA. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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 June 2023, The Guidance Center reported income of $12.5m and spending of $13.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.3m to $12.5m (+1.8%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Guidance Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Holy Name Housing Corporation ($12.5m), Martin Luther King Jr Center for Non Violent Social Change Inc ($12.5m) and LA Crosse Area Family Y M C a Inc ($12.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $318k (2.4% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $10.9m against liabilities of $1.3m, net assets of $9.7m. It reported 195 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 76%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Holy Name Housing Corporation | Omaha | $12.5m |
| Martin Luther King Jr Center for Non Violent Social Change Inc | Atlanta | $12.5m |
| LA Crosse Area Family Y M C a Inc | LA Crosse | $12.5m |
| Brooklyn Legal Services Corp a | Brooklyn | $12.6m |