Giovanni Center Inc

Analysis

Giovanni Center Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Giovanni Center Inc reported income of $321k and spending of $250k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $293k to $321k (+9.6%), an average of +2.3% a year. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Giovanni Center Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Teterboro I Housing Corporation ($321k), Station Creek Retirement Community Inc ($321k) and Attorney Street Development Inc ($320k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $916k against liabilities of $728k, net assets of $187k.