Gp-Todco a California Nonprofit Corporation

Analysis

Gp-Todco a California Nonprofit Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gp-Todco a California Nonprofit Corporation reported income of $259k and spending of $2.5m, spending 955% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $242k to $259k (+7.3%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 595% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gp-Todco a California Nonprofit Corporation 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 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Wesley at Adamsville Inc ($259k), Hope House of Tennessee Inc ($260k) and Pathway Home of South Central Wisconsin Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. At year end it held assets of $1.5m against liabilities of $13.0m, net assets of -$11.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.