Guam Facilities Foundation Inc

Analysis

Guam Facilities Foundation Inc is a registered charity in United States, based in Dededo, GU. It received its IRS tax-exemption ruling in April 2013, 13 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 December 2023, Guam Facilities Foundation Inc reported income of $500k and spending of $421k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25k to $500k (+1899%), an average of +111% a year. The sharpest change came in the year to December 2021, when income rose by 344%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Guam Facilities Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 55th percentile within GU. Charities of a similar size with the same main cause include Gamelin Association ($500k), Housing Reinvestment Corporation of America ($500k) and Echo Park Senior Citizen Housing Corporation ($500k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $379k. At year end it held assets of $525k against liabilities of $208k, net assets of $317k. It reported 18 employees.