Nehemiah Gateway Community Developement Corporation

Analysis

Nehemiah Gateway Community Developement Corporation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Nehemiah Gateway Community Developement Corporation reported income of $424k and spending of $377k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $395k to $424k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nehemiah Gateway Community Developement Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within DE. Charities of a similar size with the same main cause include Flockfest Events Inc ($424k), Center for Jewish Food Ethics ($424k) and Jesus Is the Way the Truth and the Life Mobile Ministries ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $43k. At year end it held assets of $250k against liabilities of $13k, net assets of $237k. It reported 2 employees.