Gabriel Homes Incorporated

Analysis

Gabriel Homes Incorporated is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Gabriel Homes Incorporated reported income of $1.5m and spending of $1.3m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.5m (+5.6%), an average of +1.8% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gabriel Homes Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Family Training Program Inc ($1.5m), National Council of Jewish Women St Louis Section ($1.5m) and Cotton Foundation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $92k (7.1% of expenses). Other salaries and wages came to $720k. At year end it held assets of $1.5m against liabilities of $58k, net assets of $1.4m. It reported 24 employees.