Guardianship Services Inc

Analysis

Guardianship Services Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Guardianship Services Inc reported income of $2.0m and spending of $2.0m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.0m (+14%), an average of +3.3% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guardianship Services Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Hospice House of Hampton Roads ($2.0m), American Baptist Retirement Homes Inc ($2.0m) and Richard G Snyder YMCA Campus ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $263k (13% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $978k against liabilities of $38k, net assets of $940k. It reported 35 employees.