Gateway Middle School

Analysis

Gateway Middle School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Gateway Middle School reported income of $2.8m and spending of $2.5m, spending 92% of its income. Across the 3 years on record, from June 2019 to June 2021, income fell from $5.9m to $2.8m (-53%), an average of -31% a year. The sharpest change came in the year to June 2021, when income dropped by 61%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gateway Middle School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Berean Christian Academy Inc ($2.8m), Bring on the Music Inc ($2.8m) and Early Childhood Education Step ($2.8m).

On its Form 990 for the period ending June 2021, revenue came from program service revenue 100% of the total. Other salaries and wages came to $26k. At year end it held assets of $1 against liabilities of $0, net assets of $1. It reported 44 employees.