Gibb Marianna Village Inc

Analysis

Gibb Marianna Village Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 1991, 35 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 March 2024, Gibb Marianna Village Inc reported income of $242k and spending of $300k, spending 124% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $239k to $242k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to March 2021, when income dropped by 20%. Over the whole period it spent 137% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gibb Marianna Village Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Woosaa Wellness ($242k), U S Land Conservancy Inc ($242k) and CHN Nebraska Foundation ($242k).

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 $41k. At year end it held assets of $259k against liabilities of $261k, net assets of -$2,461.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.