Heavens Gateway Ministries Inc
Analysis
Heavens Gateway Ministries Inc is a registered charity in United States, based in Jonesboro, GA. It received its IRS tax-exemption ruling in December 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Heavens Gateway Ministries Inc reported income of $143k and spending of $134k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $143k (+14%), an average of +14% a year. Over the whole period it spent 98% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Heavens Gateway Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Moab Solutions Inc ($143k), Karat School Project ($143k) and Friends of Genoa ($142k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $17k, net assets of $13k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Moab Solutions Inc | Moab | $143k |
| Karat School Project | Palo Alto | $143k |
| Friends of Genoa | Genoa | $142k |
| The Volunteer Firemens Relief Assn of East Pennsboro Township | Enola | $143k |