GCKH Future Fund Inc

Analysis

GCKH Future Fund Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in April 2013, 13 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 2023, GCKH Future Fund Inc reported income of $291k and spending of $35k, leaving 88% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $480k to $291k (-39%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 100%. Over the whole period it spent 4.1% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, GCKH Future Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Anson County Homes of Hope ($291k), Family Promise of Lubbock Inc ($291k) and Rose of Mary Terrace a Nonprofitcorporation ($290k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.