Gladstone Economic Betterment Council

Analysis

Gladstone Economic Betterment Council is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Gladstone Economic Betterment Council reported income of $146k and spending of $100k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $184k to $146k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gladstone Economic Betterment Council sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MO. Charities of a similar size with the same main cause include Junior League of Riverside ($146k), Shebuilds Foundation Inc ($146k) and Charleston Leaders Foundation Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $447k against liabilities of $0, net assets of $447k.