Gateway to Hope

Analysis

Gateway to Hope is a registered charity in United States, based in Maplewood, MO. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Gateway to Hope reported income of $2.0m and spending of $2.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.0m (+61%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 334%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gateway to Hope sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include North Seneca Ambulance Inc ($2.0m), Mental Health Association in Delaware ($2.0m) and Christian Counseling Center - San Jose Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $354k (17% of expenses). Other salaries and wages came to $782k. At year end it held assets of $7.1m against liabilities of $265k, net assets of $6.8m. It reported 14 employees.