Gateway Childrens Charity

Analysis

Gateway Childrens Charity is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Childrens Charity reported income of $61k and spending of $12k, leaving 80% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $219k to $61k (-72%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gateway Childrens Charity sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include Oregon Hunter Jumper Association ($61k), Orangeville Public Library Inc ($61k) and Jason Ackerman Foundation Inc ($61k).

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 $1 against liabilities of $0, net assets of $1.