Gibb Perry Village Inc

Analysis

Gibb Perry Village Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 2009, 17 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 June 2024, Gibb Perry Village Inc reported income of $127k and spending of $212k, spending 167% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $103k to $127k (+24%), an average of +5.5% a year. Over the whole period it spent 146% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gibb Perry Village Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Volunteers of America Inc ($127k), Spring Valley Housing Inc ($128k) and Northside Church of Christ Housing Development Fund Company Inc ($127k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $20k. At year end it held assets of $1.1m against liabilities of $75k, net assets of $1.0m.

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.