Garrett House

Analysis

Garrett House is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Garrett House reported income of $187k and spending of $240k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $187k (+0.2%), an average of +0.0% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 130% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Garrett House sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 47th percentile within DE. Charities of a similar size with the same main cause include Albert Schweitzer Fellowship of the San Francisco Bay Area ($187k), Friends of Kmma-Caiths ($187k) and Breakaway Academy Foundation ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $1.9m against liabilities of $253k, net assets of $1.6m.

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.