Gabriels Horn Corporation

Analysis

Gabriels Horn Corporation is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in January 2004, 22 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, Gabriels Horn Corporation reported income of $178k and spending of $102k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $193k to $178k (-7.9%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gabriels Horn Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Anderson Ludd Professional Office Building ($178k), Affordable Rent Project Inc ($178k) and Ashe Senior Village Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $44k. At year end it held assets of $296k against liabilities of $27k, net assets of $269k. It reported 1 employees.