Gateways Recovery Inc

Analysis

Gateways Recovery Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Gateways Recovery Inc reported income of $1.3m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $926k to $1.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gateways Recovery Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Castleman Disease Collaborative Network ($1.3m), Chopra Foundation ($1.3m) and Leadingage New Jersey Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $581k. At year end it held assets of $287k against liabilities of $1.6m, net assets of -$1.3m. It reported 14 employees.