West Gate Training and Consultation Network Inc

Analysis

West Gate Training and Consultation Network Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in November 1994, 32 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, West Gate Training and Consultation Network Inc reported income of $1.1m and spending of $1.2m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $737k to $1.1m (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Gate Training and Consultation Network Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within SC. Charities of a similar size with the same main cause include Nebraska Hospital Assn Research & Educational Foundation ($1.1m), City of Refuge Communities Inc ($1.1m) and Encinitas Educational Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $121k (9.8% of expenses). Other salaries and wages came to $682k. At year end it held assets of $946k against liabilities of $482k, net assets of $464k. It reported 33 employees.