Gateway Center for World Mission

Analysis

Gateway Center for World Mission is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Gateway Center for World Mission reported income of $77k and spending of $63k, spending 82% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $143k to $77k (-47%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gateway Center for World Mission sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KY. Charities of a similar size with the same main cause include Men of Bethany in America ($77k), Son Beam Inc ($77k) and Pacesetter Global Outreach ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $194k against liabilities of $137k, net assets of $57k.