Gulf Coast Egret Housing Inc

Analysis

Gulf Coast Egret Housing Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in September 1995, 31 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 June 2023, Gulf Coast Egret Housing Inc reported income of $100k and spending of $172k, spending 172% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $126k to $100k (-21%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gulf Coast Egret Housing Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Pendlove ($100k), Ozark Meadows II Inc ($100k) and Fancy Farm Elderly Housing Corporation II ($100k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 18% of the total. At year end it held assets of $293k against liabilities of $679k, net assets of -$386k.