Gather Inc

Analysis

Gather Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2016, 10 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 June 2023, Gather Inc reported income of $1.9m and spending of $2.5m, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gather Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 66th percentile within DC. Charities of a similar size with the same main cause include The Center of Hope of South County Inc ($1.9m), Motor Racing Outreach ($1.9m) and Afikim Foundation ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $187k (7.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.1m against liabilities of $483k, net assets of $594k. It reported 18 employees.