Brian Gibbons Homeless Outreach Inc

Analysis

Brian Gibbons Homeless Outreach Inc is a registered charity in United States, based in Prospect, CT. It received its IRS tax-exemption ruling in March 2022, 4 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 December 2023, Brian Gibbons Homeless Outreach Inc reported income of $163k and spending of $147k, spending 90% of its income. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brian Gibbons Homeless Outreach Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Good Shepherds Clothes Closet ($163k), Social Work Connection Inc ($163k) and Coaching Life Matters ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $42k (29% of expenses). Other salaries and wages came to $15k. At year end it held assets of $52k against liabilities of $0, net assets of $52k. It reported 2 employees.