Gardhouse Limited

Analysis

Gardhouse Limited is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Gardhouse Limited reported income of $490k and spending of $471k, spending 96% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $282k to $490k (+74%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gardhouse Limited sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Mercy Housing and Human Development Inc ($490k), Heart House Inc ($490k) and Backyard Growers Inc ($490k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $110k (23% of expenses). Other salaries and wages came to $170k. At year end it held assets of $220k against liabilities of $0, net assets of $220k. It reported 66 employees.