Gladwin Community Services Corporation

Analysis

Gladwin Community Services Corporation is a registered charity in United States, based in Gladwin, MI. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gladwin Community Services Corporation reported income of $140k and spending of $178k, spending 127% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $119k to $140k (+18%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gladwin Community Services Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Botetourt Resource Center Inc ($140k), Hope Repair ($140k) and Smith Chapel Food and Clothing Mission ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $328k against liabilities of $500, net assets of $328k.