Garden Spot Communities
Analysis
Garden Spot Communities is a registered charity in United States, based in New Holland, PA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Garden Spot Communities reported income of $4.3m and spending of $4.6m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.3m (+51%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 41%. 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, Garden Spot Communities sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Womens Advocates Inc ($4.3m), Freedom Farm Inc ($4.3m) and Del Norte Neighborhood Development Corporation ($4.3m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.1m (23% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $5.9m against liabilities of $1.6m, net assets of $4.3m. It reported 34 employees.
Income and spending
Where the income comes from
- Program services 88%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Womens Advocates Inc | Saint Paul | $4.3m |
| Freedom Farm Inc | Coker | $4.3m |
| Del Norte Neighborhood Development Corporation | Denver | $4.3m |
| Prairie View Leasing | Sanborn | $4.3m |