Gateway Freedom Ranch

Analysis

Gateway Freedom Ranch is a registered charity in United States, based in Eureka, MT. It received its IRS tax-exemption ruling in February 2016, 10 years ago. 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 2022, Gateway Freedom Ranch reported income of $395k and spending of $340k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $558k to $395k (-29%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gateway Freedom Ranch sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MT. Charities of a similar size with the same main cause include Volunteers of America Inc ($395k), Brilliantmont ($395k) and The Licia & Mason Beekley Community Library Inc ($395k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 14% of the total. Compensation of current officers, directors and key employees was $69k (20% of expenses). Other salaries and wages came to $86k. At year end it held assets of $386k against liabilities of $626, net assets of $385k. It reported 20 employees.