GLD Housing Inc

Analysis

GLD Housing Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, GLD Housing Inc reported income of $360k and spending of $246k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $360k (+11%), an average of +2.6% a year. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, GLD Housing Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Nichols State University Alumni Federation ($360k), Christian Core Academy Fort Collins ($360k) and Global Recovery Initiatives Foundation ($360k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.3m against liabilities of $6.4m, net assets of -$54k.