Gateway Community Services Maine

Analysis

Gateway Community Services Maine is a registered charity in United States, based in Portland, ME. 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 (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 Community Services Maine reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $306k to $1.5m (+398%), an average of +71% a year. The sharpest change came in the year to December 2021, when income rose by 215%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gateway Community Services Maine sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within ME. Charities of a similar size with the same main cause include Hetlinger Foundation ($1.5m), Young Mens Christian Association State of Maine ($1.5m) and St Francis Food Pantries and Shelters Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $189k (14% of expenses). Other salaries and wages came to $753k. At year end it held assets of $675k against liabilities of $264k, net assets of $411k. It reported 33 employees.