Community of Gratitude Inc

Analysis

Community of Gratitude Inc is a registered charity in United States, based in Ocklawaha, FL. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 September 2023, Community of Gratitude Inc reported income of $138k and spending of $158k, spending 115% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $148k to $138k (-7.0%), an average of -7.0% a year. Over the whole period it spent 113% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Community of Gratitude Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Momentum Alliance ($138k), Only the Beginning Inc ($138k) and Campus Christians Inc ($137k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $111k against liabilities of $666, net assets of $110k.