Garrison Gives Hope Inc

Analysis

Garrison Gives Hope Inc is a registered charity in United States, based in Cullman, AL. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Garrison Gives Hope Inc reported income of $110k and spending of $75k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $110k (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Garrison Gives Hope Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AL. Charities of a similar size with the same main cause include Unidos Por LA Libertad Org ($110k), Golden Valley Community Foundation ($110k) and Strasburg Lions Club ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $234k against liabilities of $0, net assets of $234k.