Gibb Cairo Village Incorporation

Analysis

Gibb Cairo Village Incorporation is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in January 2008, 18 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 June 2024, Gibb Cairo Village Incorporation reported income of $100k and spending of $138k, spending 137% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $80k to $100k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 140% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gibb Cairo Village Incorporation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include New Vision Housing Foundation Inc ($100k), Bell Tower North Inc ($100k) and Elk County Housing Options Inc ($100k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $1.2m against liabilities of $43k, net assets of $1.1m.

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.