Gibb Thomasville Village II Inc

Analysis

Gibb Thomasville Village II Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 2000, 26 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 June 2024, Gibb Thomasville Village II Inc reported income of $88k and spending of $105k, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $78k to $88k (+13%), an average of +3.1% a year. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gibb Thomasville Village II Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Destiny Impact Worldwide ($88k), Orange Grove Development No 4 Inc ($88k) and Christopher House Assisted Living Inc ($88k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $458k against liabilities of $13k, net assets of $446k.

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.