Great River Housing Inc

Analysis

Great River Housing Inc is a registered charity in United States, based in W Burlington, IA. It received its IRS tax-exemption ruling in April 2010, 16 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 2023, Great River Housing Inc reported income of $745k and spending of $776k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $270k to $745k (+176%), an average of +29% a year. The sharpest change came in the year to June 2020, when income rose by 76%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Great River Housing Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Asociacion Benefica de Ponce Inc ($745k), Viking Plass Inc ($745k) and Tanner Properties Inc ($744k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $33k. At year end it held assets of $649k against liabilities of $41k, net assets of $608k.