Gabes Homes

Analysis

Gabes Homes is a registered charity in United States, based in Westminster, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Gabes Homes reported income of $194k and spending of $173k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $194k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gabes Homes sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Agrupaciones Del Oriente Boliviano USA ($194k), Ike Fund Inc ($194k) and Ihpba Foundation Inc ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.