Gurwin Independent Housing Inc

Analysis

Gurwin Independent Housing Inc is a registered charity in United States, based in Commack, NY. It received its IRS tax-exemption ruling in April 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gurwin Independent Housing Inc reported income of $7.6m and spending of $13.4m, spending 175% of what it took in. The sharpest change came in the year to December 2022, when income rose by 4861%. Over the whole period it spent 233% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gurwin Independent Housing Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Lathrop Community Inc ($7.6m), Community Housing Advocacy and Development ($7.6m) and Congregations for the Homeless ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 86% of the total. Compensation of current officers, directors and key employees was $163k (1.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $114.6m against liabilities of $128.8m, net assets of -$14.2m. It reported 32 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.