Gabbys Ladder Inc

Analysis

Gabbys Ladder Inc is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in August 2001, 25 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 December 2023, Gabbys Ladder Inc reported income of $263k and spending of $272k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $263k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gabbys Ladder Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Face It Together Bemidji ($263k), Collaborative Alliance for Pancreatic Education and Research ($263k) and Healthy Hearts Institute ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 140% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $54k (20% of expenses). Other salaries and wages came to $109k. At year end it held assets of $1.7m against liabilities of $29k, net assets of $1.7m. It reported 7 employees.