George Gervin Youth Center Inc

Analysis

George Gervin Youth Center Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 1991, 35 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 August 2023, George Gervin Youth Center Inc reported income of $15.1m and spending of $14.1m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $15.6m to $15.1m (-2.6%), an average of -0.7% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, George Gervin Youth Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Alameda Affordable Housing Corporation ($15.1m), Cendevco II Redevelopment Fund Inc ($15.2m) and Lake Prince Center Inc ($15.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $135k (1.0% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $29.9m against liabilities of $16.7m, net assets of $13.2m. It reported 209 employees.