G I S Housing III Inc

Analysis

G I S Housing III Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in November 1987, 39 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 June 2023, G I S Housing III Inc reported income of $661k and spending of $542k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $618k to $661k (+7.0%), an average of +1.7% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, G I S Housing III Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include 365 Connect Inc ($661k), Chai House I Inc ($661k) and Executive Service Corps of New England Inc ($661k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $82k. At year end it held assets of $929k against liabilities of $1.2m, net assets of -$305k. It reported 10 employees.