Gateway Community Partners Inc

Analysis

Gateway Community Partners Inc is a registered charity in United States, based in Jacksonville, TX. It received its IRS tax-exemption ruling in August 1981, 45 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 August 2023, Gateway Community Partners Inc reported income of $3.9m and spending of $4.1m, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.5m to $3.9m (-14%), an average of -3.7% a year. The sharpest change came in the year to August 2022, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gateway Community Partners Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Building Blocks for Community Enrichment ($3.9m), Momco Global Inc ($3.9m) and Community Services Inc ($3.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.8% and program service revenue 95% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $2.1m against liabilities of $282k, net assets of $1.8m. It reported 75 employees.