Charity Search / GENE B GLICK FAMILY HOUSING FOUNDATION INC
Housing & Shelter (L20) IRS Verified DX Registered 990 on File

GENE B GLICK FAMILY HOUSING FOUNDATION INC

EIN: 20-1698926 · INDIANAPOLIS, IN 46240-0177 · United States · FY 2023 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 74/100
Reliability (20%) 55/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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GENE B GLICK FAMILY HOUSING FOUNDATION INC logo
CharityAI™ Score
Not yet evaluated
Mission Statement

The Success Center at Carriage House East in Indianapolis opened in 2019 to foster a strong sense of community and support families in achieving their goals. Located within Glick Housing Foundation's largest residential community, which features over 600 apartment homes, the Success Center serves as a vital resource for both Carriage House East residents and the broader Far Eastside Indianapolis community. Spanning 10,000 square feet, the Success Center includes several multi-purpose spaces for community events, a teaching kitchen for cooking classes, an outdoor gathering space, and a welcoming entry with computers to serve as a social hub for residents and neighbors. By incorporating these community development amenities and resident service coordinator services, the Success Center at Carriage House East serves as a vital resource for fostering connection, learning, and growth in the heart of Indianapolis’ Far Eastside.

Financial Overview — FY 2023
$96.7M
Total Revenue
$75.1M
Total Expenses
$209.8M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.2%
Fundraising Efficiency N/A
Operating Reserve 33.52x
Liability-to-Asset 43.2%
Revenue Diversification 70.9%
Executive Compensation $3K
Compared with Peers
FY 2023
Compared with 663 similar organizations (United States, Housing & Shelter, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.2% 87.0%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
1.8% 10.8%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
33.5 mo 5.2 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
43.2% 66.9%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
70.9% 92.3%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
10.4% 8.4%
P10P90
Expense growth
Year over year expense growth
-2.1% 9.3%
P10P90
Surplus margin
Surplus as a share of revenue
22.3% 0.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $96.7M $75.1M $209.8M 98.2% 0
2022 $87.5M $76.7M $188.3M 98.4% 0
2021 $69.4M $64.1M N/A 0
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Organization Details
EIN
20-1698926
State
IN
City
INDIANAPOLIS
ZIP
46240-0177
Classification
L20
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2019
Foundation Code
15
Form 990
On File
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