G W Holland Housing Corporation

Analysis

G W Holland Housing Corporation is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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, G W Holland Housing Corporation reported income of $1.2m and spending of $991k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+12%), an average of +2.8% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, G W Holland Housing Corporation 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 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include National Christian Charitable Foundation Inc ($1.2m), Orange Congregations in Mission Inc ($1.2m) and Northeast Community Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 39% of the total. At year end it held assets of $5.1m against liabilities of $4.6m, net assets of $437k.