Narrow Gate Foundation

Analysis

Narrow Gate Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Narrow Gate Foundation reported income of $756k and spending of $658k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $756k (-70%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 60%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Narrow Gate Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NV. Charities of a similar size with the same main cause include Involved International Inc ($755k), Lutheran Center Corporation ($756k) and Refocus Counseling Ministry Inc ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $187k (28% of expenses). At year end it held assets of $1.4m against liabilities of $2,000, net assets of $1.4m. It reported 3 employees.