Gathering Place

Analysis

Gathering Place is a registered charity in United States, based in Beachwood, OH. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gathering Place reported income of $2.4m and spending of $2.7m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.4m (+0.6%), an average of +0.1% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gathering Place sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Loaves & Fishes Food Pantry Inc ($2.4m), Vermont Hills Family Life Center ($2.4m) and Lake Chelan Senior Housing Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $161k (6.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $9.6m against liabilities of $370k, net assets of $9.3m. It reported 27 employees.