Gateway Community Health Center Inc

Analysis

Gateway Community Health Center Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2023, Gateway Community Health Center Inc reported income of $43.5m and spending of $39.5m, spending 91% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $28.0m to $43.5m (+55%), an average of +16% a year. The sharpest change came in the year to March 2022, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gateway Community Health Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Phoenix Childrens Hospital Foundation ($43.5m), Diversus Health Inc ($43.6m) and Caring Health Center Inc ($43.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 42% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $1.4m (3.4% of expenses). Other salaries and wages came to $16.1m. At year end it held assets of $30.8m against liabilities of $8.7m, net assets of $22.2m. It reported 393 employees.