Garden Court Inc

Analysis

Garden Court Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in November 1997, 29 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, Garden Court Inc reported income of $55k and spending of $114k, spending 206% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $107k to $55k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 51%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Garden Court Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Specialized Housing VI Inc ($55k), Servants at Work Inc - Virginia ($55k) and Columbia Place ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $684k against liabilities of $1,650, net assets of $683k.