Gathering at Forestville Inc
Analysis
Gathering at Forestville Inc is a registered charity in United States, based in Forestville, MD. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2017, Gathering at Forestville Inc reported income of $1.5m and spending of $743k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2013 to December 2017, income grew from $1.2m to $1.5m (+26%), an average of +26% a year. The sharpest change came in the year to December 2017, when income rose by 26%. Over the whole period it spent 54% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Gathering at Forestville Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include CRC Retreat Partners Inc ($1.5m), Community Kollel of Greater Las Vegas ($1.5m) and 231 Collective ($1.5m).
On its Form 990 for the period ending December 2017, revenue came from program service revenue 100% of the total. Other salaries and wages came to $464k. It paid $280k in professional fundraising fees. At year end it held assets of $3.1m against liabilities of $213k, net assets of $2.9m.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| CRC Retreat Partners Inc | Dickinson | $1.5m |
| Community Kollel of Greater Las Vegas | Las Vegas | $1.5m |
| 231 Collective | Edmond | $1.5m |
| Gospel Recordings | Tucson | $1.5m |