Gateway Home - Comfort Care Inc

Analysis

Gateway Home - Comfort Care Inc is a registered charity in United States, based in Attica, NY. It received its IRS tax-exemption ruling in August 2016, 10 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 December 2023, Gateway Home - Comfort Care Inc reported income of $264k and spending of $216k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $264k (+149%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gateway Home - Comfort Care Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Shalom Fund Inc ($264k), Wiregrass 2-1-1 ($264k) and The Hope Center Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $44k (20% of expenses). Other salaries and wages came to $96k. At year end it held assets of $753k against liabilities of $0, net assets of $753k. It reported 16 employees.