Greccio Housing Unlimited Inc

Analysis

Greccio Housing Unlimited Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 1991, 35 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 July 2023, Greccio Housing Unlimited Inc reported income of $4.9m and spending of $4.7m, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.4m to $4.9m (+43%), an average of +9.4% a year. The sharpest change came in the year to July 2021, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greccio Housing Unlimited Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Wyndham ($4.9m), New Samaritan Parkville Inc ($4.9m) and Housing and Community Development Network of New Jersey Inc ($4.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $144k (3.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $20.3m against liabilities of $17.2m, net assets of $3.2m. It reported 47 employees.