Gardena South Park Senior Project Inc

Analysis

Gardena South Park Senior Project Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in August 1982, 44 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 June 2024, Gardena South Park Senior Project Inc reported income of $1.9m and spending of $1.6m, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $1.9m (+12%), an average of +2.8% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gardena South Park Senior Project Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include FCHC Virginia Community Development Corporation ($1.9m), Habitat for Humanity International Inc ($1.9m) and Leisure Acres Phase II Housing Corporation ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $6.1m against liabilities of $4.9m, net assets of $1.2m.