Gathering Together Inc

Analysis

Gathering Together Inc is a registered charity in United States, based in Plainfield, IN. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Gathering Together Inc reported income of $177k and spending of $207k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $177k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gathering Together Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Mountain High Foundation ($177k), Alex Community Center Seniors ($177k) and Home Homeless of McMinnville Effort ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $96k (46% of expenses). Other salaries and wages came to $8,495. At year end it held assets of $551k against liabilities of $0, net assets of $551k. It reported 5 employees.