Gathering Place

Analysis

Gathering Place is a registered charity in United States, based in Brunswick, ME. It received its IRS tax-exemption ruling in February 2014, 12 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, Gathering Place reported income of $368k and spending of $267k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $368k (+224%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 140%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gathering Place sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within ME. Charities of a similar size with the same main cause include St Paul Institute ($368k), Walking Tall Southern Oregon ($368k) and Haiti Hope Mission Inc ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $74k (28% of expenses). Other salaries and wages came to $100k. At year end it held assets of $724k against liabilities of $0, net assets of $724k. It reported 5 employees.