Gibb Gulf Coast Village Inc

Analysis

Gibb Gulf Coast Village Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in September 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 Gulf Coast Village Inc reported income of $264k and spending of $285k, spending 108% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $264k to $264k (+0.2%), an average of +0.0% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gibb Gulf Coast Village Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Go Rural ($264k), Presbyterian Night Shelter Endowment Foundation ($264k) and Civic Suds Corporation ($264k).

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 $51k. At year end it held assets of $479k against liabilities of $121k, net assets of $358k.

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.