Gesher Human Services
Analysis
Gesher Human Services is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in May 1967, 59 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Gesher Human Services reported income of $21.8m and spending of $21.5m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $19.8m to $21.8m (+10%), an average of +3.2% a year. Over the whole period it spent 98% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gesher Human Services sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Columbus Downtown Development Corporation ($21.8m), Hudson Community Enterprises Inc ($21.9m) and Georgia Micro Enterprise Network Inc ($21.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $1.0m (4.8% of expenses). Other salaries and wages came to $11.6m. At year end it held assets of $35.0m against liabilities of $6.3m, net assets of $28.7m. It reported 672 employees.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 56%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Columbus Downtown Development Corporation | Columbus | $21.8m |
| Hudson Community Enterprises Inc | Jersey City | $21.9m |
| Georgia Micro Enterprise Network Inc | Atlanta | $21.7m |
| Milwaukee Development Corporation | Milwaukee | $21.9m |