Gateway Empowerment Inc

Analysis

Gateway Empowerment Inc is a registered charity in United States, based in Millbrook, AL. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Gateway Empowerment Inc reported income of $484k and spending of $295k, leaving 39% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $109k to $484k (+346%), an average of +346% a year. The sharpest change came in the year to September 2023, when income rose by 346%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gateway Empowerment Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Sonship International Inc ($484k), Iglesia de Cristo Casa de Jubilo ($484k) and Lins Temple Corporation ($484k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $8,800 (3.0% of expenses). Other salaries and wages came to $175k. At year end it held assets of $203k against liabilities of $6,419, net assets of $197k.