Culver Garden Court Inc

Analysis

Culver Garden Court Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in March 2011, 15 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, Culver Garden Court Inc reported income of $116k and spending of $144k, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $94k to $116k (+23%), an average of +5.3% a year. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Culver Garden Court Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Home of Refuge Outreach ($116k), Coalport Senior Housing Inc ($116k) and Cypress Homes Housing Development Fund Corporation ($116k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 46% of the total. At year end it held assets of $1.1m against liabilities of $31k, 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.