Gentlemen by Choice Community Development Corporation

Analysis

Gentlemen by Choice Community Development Corporation is a registered charity in United States, based in N Las Vegas, NV. It received its IRS tax-exemption ruling in July 2016, 10 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 June 2024, Gentlemen by Choice Community Development Corporation reported income of $242k and spending of $241k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $456k to $242k (-47%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 82%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gentlemen by Choice Community Development Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within NV. Charities of a similar size with the same main cause include Outcast Food Network Inc ($242k), Waupaca Area Food Pantry Inc ($242k) and Hungry World Farm ($242k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Other salaries and wages came to $69k. At year end it held assets of $95k against liabilities of $156k, net assets of -$61k. It reported 4 employees.