Gateway to Learning
Analysis
Gateway to Learning is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1975, 51 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 2024, Gateway to Learning reported income of $2.2m and spending of $2.1m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $2.2m (+83%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 93% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gateway to Learning sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Mobile Meals of Toledo Inc ($2.2m), Red Apple School Inc ($2.2m) and Monadnock Worksource Inc ($2.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 54% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $1.9m against liabilities of $31k, net assets of $1.8m. It reported 51 employees.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 54%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mobile Meals of Toledo Inc | Toledo | $2.2m |
| Red Apple School Inc | New PRT Rchy | $2.2m |
| Monadnock Worksource Inc | Peterborough | $2.2m |
| The@heracles Group Inc | Columbus | $2.2m |