Gather

Analysis

Gather is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in December 1943, 83 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gather reported income of $6.0m and spending of $5.0m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.7m to $6.0m (+61%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gather sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NH. Charities of a similar size with the same main cause include Life Enriching Communities Foundation ($6.0m), Trusted World Foundation Inc ($6.0m) and Arc of the Piedmont Inc ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $170k (3.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.7m against liabilities of $663k, net assets of $4.0m. It reported 41 employees.