Gateway Residential Services

Analysis

Gateway Residential Services is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Gateway Residential Services reported income of $1.3m and spending of $1.4m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $1.3m (+1.4%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gateway Residential Services sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Civil Eats ($1.3m), Denton Assistance Center Inc ($1.3m) and Meals on Wheels of Loveland and Berthoud Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (2.3% of expenses). Other salaries and wages came to $763k. At year end it held assets of $925k against liabilities of $67k, net assets of $859k. It reported 21 employees.