Guernsey Residential Inc

Analysis

Guernsey Residential Inc is a registered charity in United States, based in Cambridge, OH. It received its IRS tax-exemption ruling in July 1978, 48 years ago. 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, Guernsey Residential Inc reported income of $1.3m and spending of $1.4m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.4m to $1.3m (-4.3%), an average of -1.5% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guernsey Residential Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Interlake Child Care and Learning Center ($1.3m), Friends of the San Juans ($1.3m) and Association for Consumer Research ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $697k. At year end it held assets of $910k against liabilities of $1,534, net assets of $908k. It reported 19 employees.