City Gate Inc

Analysis

City Gate Inc is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, City Gate Inc reported income of $315k and spending of $279k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $321k to $315k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2020, when income dropped by 27%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, City Gate Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include SNHS North Berwick Elderly Housing Inc ($315k), Safe Haven Transitional Inc ($315k) and Self Reliance Housing Inc ($314k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (24% of expenses). Other salaries and wages came to $79k. At year end it held assets of $379k against liabilities of $4,070, net assets of $375k. It reported 8 employees.