Gibb Mabry Village Inc

Analysis

Gibb Mabry Village Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Gibb Mabry Village Inc reported income of $218k and spending of $263k, spending 120% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $202k to $218k (+8.4%), an average of +2.0% a year. The sharpest change came in the year to March 2021, when income rose by 59%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gibb Mabry Village Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Duluth Supportive Housing Inc ($218k), Gateway Accessible Housing III Inc ($218k) and Lutheran Gardens Corporation ($218k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $47k. At year end it held assets of $282k against liabilities of $103k, net assets of $179k.