Gratitude Initiative

Analysis

Gratitude Initiative is a registered charity in United States, based in Ft Worth, TX. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gratitude Initiative reported income of $709k and spending of $849k, spending 120% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $375k to $709k (+89%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gratitude Initiative sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Dalhousie University Foundation Inc ($709k), Good Samaritan Foundation of Texas Inc ($709k) and The Dispute Resolution Board Foundation Inc ($709k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $650k against liabilities of $110k, net assets of $541k.