Gateway to Entrepreneurial Tomorrows Inc

Analysis

Gateway to Entrepreneurial Tomorrows Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Gateway to Entrepreneurial Tomorrows Inc reported income of $105k and spending of $70k, leaving 33% of income unspent that year. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gateway to Entrepreneurial Tomorrows Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Louisa Forward Foundation ($105k), Innovation Center for Urban Entrepreneurship ($105k) and Southwest Spokane Community Center ($105k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.