Beautiful Gate Inc

Analysis

Beautiful Gate Inc is a registered charity in United States, based in Deltona, FL. It received its IRS tax-exemption ruling in November 2013, 13 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, Beautiful Gate Inc reported income of $84k and spending of $33k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $84k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beautiful Gate Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Helping Hands Pottery Inc ($84k), Roanoke Valley Charity Car Show Committee Inc ($84k) and Sunshine Therapeutic Riding Center Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.