Gateway to Leadership

Analysis

Gateway to Leadership is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gateway to Leadership reported income of $341k and spending of $231k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $163k to $341k (+109%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gateway to Leadership sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Innovative Opportunities Inc ($341k), Old Takoma Business Association Inc ($341k) and Downtown Boise Foundation ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 132% of the total. Other salaries and wages came to $160k. At year end it held assets of $322k against liabilities of $48k, net assets of $274k.