Gathering Place Mission

Analysis

Gathering Place Mission is a registered charity in United States, based in Georgetown, KY. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gathering Place Mission reported income of $388k and spending of $330k, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $222k to $388k (+74%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gathering Place Mission sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include Anglicans for Life Inc ($388k), Church Reform and Revitalization ($388k) and Restoration Houston Ministry ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $5,964 (1.8% of expenses). Other salaries and wages came to $141k. At year end it held assets of $972k against liabilities of $383k, net assets of $589k. It reported 23 employees.