Gillespie Services Inc

Analysis

Gillespie Services Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gillespie Services Inc reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $831k to $1.4m (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gillespie Services Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Grace Sober Living ($1.4m), Shallow Ford Foundation Inc ($1.4m) and Foundation for Rhodes Homes Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $878k (63% of expenses). Other salaries and wages came to $50k. At year end it held assets of $563k against liabilities of $85k, net assets of $478k. It reported 24 employees.