Gather Ministries Inc

Analysis

Gather Ministries Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 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, Gather Ministries Inc reported income of $460k and spending of $788k, spending 171% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $518k to $460k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gather Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Long Beach Church Collective ($460k), Dave Martin International ($461k) and Cornerstone Broadcasting Corporation ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 145% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $321k (41% of expenses). Other salaries and wages came to $41k. At year end it held assets of $889k against liabilities of $61k, net assets of $828k. It reported 3 employees.