Guildfield Housing Development Corporation

Analysis

Guildfield Housing Development Corporation is a registered charity in United States, based in Dry Fork, VA. It received its IRS tax-exemption ruling in August 1982, 44 years ago. 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, Guildfield Housing Development Corporation reported income of $231k and spending of $183k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $231k (+18%), an average of +4.3% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guildfield Housing Development Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Western Ohio Japanese Language School ($231k), The Houston Seminar ($231k) and Bible Ministry Foundation Inc of USA ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. At year end it held assets of $556k against liabilities of $275k, net assets of $281k.