Gateway House Inc

Analysis

Gateway House Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in July 1982, 44 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, Gateway House Inc reported income of $1.7m and spending of $1.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.7m (+0.2%), an average of +0.0% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gateway House Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Lifesavers Foundation ($1.7m), H O U S E Inc ($1.7m) and Christian Community Placement Center ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $750k. At year end it held assets of $6.4m against liabilities of $99k, net assets of $6.3m. It reported 47 employees.