Garden Court Inc

Analysis

Garden Court Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in October 1972, 54 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 Inc reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.2m to $1.1m (-4.8%), an average of -1.2% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 86% 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 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Pinnacle Residential ($1.1m), Family Promise of Warren County Inc ($1.1m) and Hale Area Assisted Living Corporation ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 49% of the total. At year end it held assets of $5.1m against liabilities of $4.2m, net assets of $871k.