American Friends of Beautiful Gateministries International

Analysis

American Friends of Beautiful Gateministries International is a registered charity in United States, based in Zeeland, MI. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, American Friends of Beautiful Gateministries International reported income of $206k and spending of $277k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $246k to $206k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Beautiful Gateministries International sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include The Volunteer Center of the Triad ($206k), The Good Shepherd Foundation ($206k) and Sitka Sportsmans Association ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.