Gigis House Inc

Analysis

Gigis House Inc is a registered charity in United States, based in Morrow, GA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gigis House Inc reported income of $898k and spending of $931k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $493k to $898k (+82%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 135%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gigis House Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Providence Self Sufficiency Ministries Inc ($898k), Simply Hygiene Inc ($898k) and Childrens Advocacy Center for Kaufman County ($898k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. Other salaries and wages came to $659k. At year end it held assets of $1.9m against liabilities of $564k, net assets of $1.3m.