Gulf Coast Heron Housing Inc

Analysis

Gulf Coast Heron Housing Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in September 1996, 30 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 Heron Housing Inc reported income of $863k and spending of $1.2m, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $825k to $863k (+4.5%), an average of +1.1% a year. 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, Gulf Coast Heron Housing Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Association of Faith Communities of Santa Cruz County ($863k), Scott County Hospitality House Inc ($863k) and Faith Community Development Corporation ($862k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $144k. At year end it held assets of $2.8m against liabilities of $6.1m, net assets of -$3.3m.

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.