Gaston Residential Services Icf Mr Inc

Analysis

Gaston Residential Services Icf Mr Inc is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Gaston Residential Services Icf Mr Inc reported income of $3.8m and spending of $4.5m, spending 117% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.8m to $3.8m (+36%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gaston Residential Services Icf Mr Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include People for People Incorporated ($3.8m), International Communication Assn ($3.8m) and Otsar Family Services Inc ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $1.5m against liabilities of $562k, net assets of $927k. It reported 96 employees.