Foothills Gateway Inc

Analysis

Foothills Gateway Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Foothills Gateway Inc reported income of $18.9m and spending of $18.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.4m to $18.9m (+3.0%), an average of +0.7% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Foothills Gateway Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Epworth Childrens Home ($18.9m), Southwestern Community Action Council Inc ($18.9m) and Mountain Empire Older Citizens Inc ($18.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $316k (1.7% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $12.2m against liabilities of $1.6m, net assets of $10.5m. It reported 297 employees.