Gateway House Inc

Analysis

Gateway House Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Gateway House Inc reported income of $136k and spending of $80k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $136k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 36% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gateway House Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OK. Charities of a similar size with the same main cause include Agape II Inc ($136k), Heal House of Iowa ($136k) and Westside Housing and Economic Network Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 32% of the total. At year end it held assets of $893k against liabilities of $0, net assets of $893k.