Gathering Place Inc

Analysis

Gathering Place Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Gathering Place Inc reported income of $2.2m and spending of $1.7m, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $2.2m (+93%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gathering Place Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Next Step Ministries Inc ($2.2m), Youth Core Ministries Inc ($2.2m) and Dance Revolution Inc ($2.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $125k (7.2% of expenses). At year end it held assets of $5.0m against liabilities of $978k, net assets of $4.0m. It reported 44 employees.