Beautiful Gate Foundation

Analysis

Beautiful Gate Foundation is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Beautiful Gate Foundation reported income of $116k and spending of $112k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $205k to $116k (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beautiful Gate Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within KS. Charities of a similar size with the same main cause include Zichron Shimshon Foundation Inc ($116k), Broad River Electric Charities Inc ($116k) and Childrens Hope Chest Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.