Gateway International

Analysis

Gateway International is a registered charity in United States, based in Greenwel SPGS, LA. 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 2023, Gateway International reported income of $109k and spending of $110k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $144k to $109k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income dropped by 16%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gateway International sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within LA. Charities of a similar size with the same main cause include Asspen International Inc ($109k), Tyrannus Discipleship Institute ($109k) and Smile Again ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (33% of expenses). At year end it held assets of $410k against liabilities of $0, net assets of $410k.