Giannas House Inc

Analysis

Giannas House Inc is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Giannas House Inc reported income of $129k and spending of $67k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $6,000 to $129k (+2055%), an average of +2055% a year. The sharpest change came in the year to December 2023, when income rose by 2055%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Giannas House Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Hillmen Foundation ($129k), Sos Beagle Rescue Inc ($129k) and Johnston Youth Sports Association ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.