Gloversville Housing & Neighborhood Improvement Corporation is a 501(c)(3) organization based in Gloversville, New York, registered in 2013, with $24,192 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$24K
▲ 397.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$11K
Net assets
$123K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Gloversville Housing & Neighborhood Improvement Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gloversville Housing & Neighborhood Improvement Corporation: 137 mo reserves · +55% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Gloversville Housing & Neighborhood Improvement Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gloversville Housing & Neighborhood Improvement Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $417K (FY2015) to $24K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
55.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$123K
Net assets
$123K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,192▲397% | $10,794▲76.5% | $122,817▲12.2% | $122,817▲2.8% | 990EZ |
| 2023 | $4,863▼21.5% | $6,116▼45.5% | $109,420▼1.1% | $119,420▲7.9% | 990EZ |
| 2022 | $6,195▲110% | $11,231▲134% | $110,673▼4.4% | $110,673▼4.4% | 990EZ |
| 2021 | -$59,578▼833% | $4,803▼56.3% | $115,707▼35.8% | $115,707▼35.8% | 990EZ |
| 2020 | $8,128▼94.4% | $10,991▲22.1% | $180,089▼1.6% | $180,089▼1.7% | 990EZ |
| 2019 | $145,528▲1018% | $9,002▼0.9% | $182,952▲294% | $183,187▲295% | 990EZ |
| 2018 | $13,021▲46.3% | $9,087▲34.0% | $46,427▲9.3% | $46,427▲8.4% | 990EZ |
| 2017 | $8,900▼93.4% | $6,781▼95.8% | $42,493▲4.5% | $42,833▲5.4% | 990EZ |
| 2016 | $134,048▼67.9% | $160,272▼55.4% | $40,644▼39.2% | $40,644▼61.2% | 990 |
| 2015 | $417,089 | $359,173 | $66,868 | $104,665 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Gloversville Housing & Neighborhood Improvement Corporation (EIN 46-2115418) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.