GSH Inc

Analysis

GSH Inc is a registered charity in United States, based in Highland Park, NJ. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, GSH Inc reported income of $2.0m and spending of $1.5m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $549k to $2.0m (+261%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 70%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, GSH Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Canyon Creek Womens Crisis Center ($2.0m), Childrens Home Society of Virginia ($2.0m) and Families Helping Families Ministries Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $341k (22% of expenses). Other salaries and wages came to $487k. At year end it held assets of $2.1m against liabilities of $1.6m, net assets of $533k. It reported 10 employees.