Gateway Housing Group

Analysis

Gateway Housing Group is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gateway Housing Group reported income of $622k and spending of $595k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $622k (+701%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 203%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gateway Housing Group sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Midlands Housing Trust Fund ($621k), Sojourners Place Inc ($622k) and Washington Masonic Charities ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.