Springfield Gardens Inc

Analysis

Springfield Gardens Inc is a registered charity in United States, based in Warner Robins, GA. It received its IRS tax-exemption ruling in July 1999, 27 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 December 2023, Springfield Gardens Inc reported income of $429k and spending of $412k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $249k to $429k (+72%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Springfield Gardens Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Bethlehem Homes Inc ($429k), Sharing Connexion Inc ($429k) and St Johns Commons Inc ($429k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $67k (16% of expenses). Other salaries and wages came to $81k. At year end it held assets of $1.1m against liabilities of $1.9m, net assets of -$789k. It reported 3 employees.