Guest House Inc
Analysis
Guest House Inc is a registered charity in United States, based in New Castle, IN. It received its IRS tax-exemption ruling in June 2014, 12 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, Guest House Inc reported income of $242k and spending of $223k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $242k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Guest House Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include NWC Corporation ($242k), Loretto Obrien Road Housing Development Fund Company Inc ($242k) and Sepp Rural Elderly Housing Inc ($242k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $33k (15% of expenses). Other salaries and wages came to $82k. At year end it held assets of $167k against liabilities of $0, net assets of $167k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 38%
- Other 32%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| NWC Corporation | Columbus | $242k |
| Loretto Obrien Road Housing Development Fund Company Inc | Syracuse | $242k |
| Sepp Rural Elderly Housing Inc | Binghamton | $242k |
| Madison Street Housing Development Fund Corporation | New York | $242k |