Gratitude House Inc

Analysis

Gratitude House Inc is a registered charity in United States, based in Ferguson, MO. It received its IRS tax-exemption ruling in September 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gratitude House Inc reported income of $239k and spending of $21k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $239k (+107%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 5.9% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gratitude House Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within MO. Charities of a similar size with the same main cause include American Veterans Care Association Inc ($239k), PJ Parkinsons Support Group of Blount County ($239k) and Hirsch Wellness Network ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $474k against liabilities of $115k, net assets of $359k.