Glory House of Miami Inc

Analysis

Glory House of Miami Inc is a registered charity in United States, based in South Miami, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Glory House of Miami Inc reported income of $359k and spending of $299k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $359k (+93%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Glory House of Miami Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Habitat for Humanity of Benzie County Inc ($359k), Salvation Army Colorado Springs II Residences Inc ($359k) and Nonprofit Mortgage ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 2.4% of the total. Other salaries and wages came to $98k. At year end it held assets of $242k against liabilities of $15k, net assets of $227k. It reported 5 employees.