Garrison Community Development USA

Analysis

Garrison Community Development USA is a registered charity in United States, based in W Lake Hills, TX. It received its IRS tax-exemption ruling in August 2023, 3 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 December 2023, Garrison Community Development USA reported income of $291k and spending of $232k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $291k (+177%), an average of +177% a year. The sharpest change came in the year to December 2023, when income rose by 177%. Over the whole period it spent 61% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Garrison Community Development USA sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Grandview Second Corporation ($291k), South Windham Housing Corporation ($292k) and Family Promise of North Idaho Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $15k (6.6% of expenses). At year end it held assets of $155k against liabilities of $0, net assets of $155k.