Downtown Churches United-Gillfield Housing Corporation

Analysis

Downtown Churches United-Gillfield Housing Corporation is a registered charity in United States, based in Petersburg, VA. It received its IRS tax-exemption ruling in July 1978, 48 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 December 2023, Downtown Churches United-Gillfield Housing Corporation reported income of $1.1m and spending of $1.0m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+1.9%), an average of +0.5% a year. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Downtown Churches United-Gillfield Housing Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Vista Village Inc ($1.1m), Chestnut Creek Inc ($1.1m) and Serenity Pointe Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $229k. At year end it held assets of $1.7m against liabilities of $1.6m, net assets of $65k.