Gibb Thomasville Village Inc

Analysis

Gibb Thomasville Village Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in June 1996, 30 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 Thomasville Village Inc reported income of $132k and spending of $279k, spending 211% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $111k to $132k (+19%), an average of +4.4% a year. Over the whole period it spent 142% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gibb Thomasville 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 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Sports Missions Outreach ($132k), Achieve Goals ($132k) and Breaking Bread for Jesus Inc ($132k).

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 $25k. At year end it held assets of $476k against liabilities of $141k, net assets of $335k.

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.