Guardianship and Trusts Corporation

Analysis

Guardianship and Trusts Corporation is a registered charity in United States, based in Forest Hills, TN. It received its IRS tax-exemption ruling in February 1982, 44 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, Guardianship and Trusts Corporation reported income of $481k and spending of $350k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $392k to $481k (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 211%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guardianship and Trusts Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Fathers Table Mission ($481k), Salama Urban Ministries Inc ($481k) and Upward Call Counseling Services Inc ($481k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $100k (29% of expenses). Other salaries and wages came to $125k. At year end it held assets of $837k against liabilities of $209k, net assets of $627k. It reported 5 employees.