Greater Community Housing Inc

Analysis

Greater Community Housing Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in March 2000, 26 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Greater Community Housing Inc reported income of $122k and spending of $197k, spending 162% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $90k to $122k (+35%), an average of +7.8% a year. The sharpest change came in the year to November 2020, when income rose by 29%. Over the whole period it spent 147% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Community Housing Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include Homes with a Mission ($121k), Dixieland Garden Senior Complex Inc ($122k) and Penn Villa Corp ($121k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $15k. At year end it held assets of $1.1m against liabilities of $1.9m, net assets of -$746k.

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.