Gathering for Women - Monterey

Analysis

Gathering for Women - Monterey is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gathering for Women - Monterey reported income of $1.1m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $845k to $1.1m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gathering for Women - Monterey sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Nebraska Diaper Bank ($1.1m), Imagine Black Futures ($1.1m) and Beautiful Day ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $126k (11% of expenses). Other salaries and wages came to $409k. At year end it held assets of $3.9m against liabilities of $374k, net assets of $3.6m. It reported 26 employees.