Grady Housing Inc

Analysis

Grady Housing Inc is a registered charity in United States, based in Cairo, GA. It received its IRS tax-exemption ruling in November 2021, 5 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 September 2023, Grady Housing Inc reported income of $838k and spending of $1.1m, spending 129% of what it took in. Across the 2 years on record, from September 2021 to September 2023, income grew from $813k to $838k (+3.1%), an average of +3.1% a year. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grady Housing Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Housing Resource Development Corporation ($838k), Nueces County Housing Assistance Inc ($838k) and Bnai Brith Pantano Gardens Inc Arizona Non-Profit Corporation ($837k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $6.6m against liabilities of $3.4m, net assets of $3.2m.