Gate Communications

Analysis

Gate Communications is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in April 1999, 27 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, Gate Communications reported income of $507k and spending of $477k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $507k (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gate Communications sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Mission Resource Center LLC ($507k), Vintage Traditions Foundation ($507k) and St Georges Center ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $75k (16% of expenses). At year end it held assets of $141k against liabilities of $0, net assets of $141k. It reported 2 employees.