Garden Court Downtown Inc

Analysis

Garden Court Downtown Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in September 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Garden Court Downtown Inc reported income of $324k and spending of $310k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $308k to $324k (+5.3%), an average of +1.3% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Garden Court Downtown Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include Newberry Elderly Housing Inc ($324k), Habitat for Humanity International Inc ($324k) and Bnai Brith Wiregrass Senior Housing II Inc ($323k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 37% of the total. At year end it held assets of $477k against liabilities of $816k, net assets of -$339k.