Gleanings Housing Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Gleanings Housing mission is to develop a community of people and organizations to develop and sustain truly affordable housing for the very poor and extreme poor households in the Lexington KY area.
- Income
- $173,233
- Spending
- $114,994
- Spent on programs
- 95%
- Reserves
- 11.9 months of spending
- Largest source of income
- donations and private grants, 67%
- Employees
- 0
- Volunteers
- 45
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 92 out of 100. Higher than 93% of charities in its peer group (housing, under $250k).
Reserves
28 of 35Spendable reserves would cover 11.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 34% of income.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 72% of charities in its peer group (housing, under $250k).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $78,205 spent. Gleanings Housing began construction of a duplex on Florence Ave. in Lexington KY in May of 2025 for the purpose of creating two housing units that will be rented at 30% of household income when completed. Construction is directed supervised and predominately completed using volunteer labor. Specific tasks are contracted out to subcontractors for completion
- $27,373 spent. Managing affordable rental housing units at 721 Magoffin St. and 938 Delaware Ave. The housing on Magoffin is a triplex with three units. The house on Delaware is a shared house for up to 5 single older women
- $1,953 spent. Provide community engagement in construction of duplex through a month long internship for 3 youth of the neighborhood; tabling events and activities to increase volunteer engagement
- $1,350 spent. In 2025 we completed some finishing construction projects on the grounds of our Magoffin Triplex.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.