Gerrish TND Inc

Analysis

Gerrish TND Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gerrish TND Inc reported income of $429k and spending of $417k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $429k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gerrish TND Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Promise Land Community Development Corporation ($429k), Shell Knob Senior Center Corporation ($429k) and Grace Home Inc ($429k).

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 $2.6m against liabilities of $2.5m, net assets of $51k.