Guerin Inc

Analysis

Guerin Inc is a registered charity in United States, based in Georgetown, IN. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Guerin Inc reported income of $556k and spending of $595k, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $414k to $556k (+34%), an average of +7.7% a year. The sharpest change came in the year to August 2022, when income dropped by 499%. Over the whole period it spent 1698% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guerin Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Keren Yeshua Vreiza Inc ($556k), HDLC ($556k) and Finnish-American Home Association ($556k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 18% and program service revenue 49% of the total. Other salaries and wages came to $250k. At year end it held assets of $8.4m against liabilities of $805k, net assets of $7.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.